SAVA Gumarska in Kemijska Industria D.D. v. Advanced Polymer Sciences, Inc.

OPINION

Opinion By

Justice MOSELEY.

SAVA gumarska in kemijska industria d.d. (SAVA), a Slovenian stock company, appeals a judgment in favor of Advanced Polymer Sciences, Inc. (APS), a Delaware corporation. After a bench trial, the district court rendered judgment canceling a letter of credit for the benefit of SAVA, awarding APS damages and attorneys’ fees for breach of contract, and denying SAVA’s counterclaims. In five issues, SAVA claims the evidence was legally and factually insufficient to support the trial court’s findings that (i) the letter of credit should be canceled for fraud and (ii)…