TransPecos Banks v. Jodi Strobach

OPINION

STEVEN L. HUGHES, Justice

TransPecos Banks sued Jodi Strobach alleging she was personally liable on a 2003 loan the Bank had made to a corporation Strobach had formed and of which she was the president and sole shareholder. The trial court.granted Strobach’s motion for directed verdict during trial, and entered a take-nothing judgment on the Bank’s claims. We conclude Strobach could not be held personally liable for the corporate debt, because the Bank failed to raise a fact issue that Strobach committed an- actual fraud on the Bank when she obtained the 2003 loan on the corporation’s…