Legal Opinion

Gramercy Insurance Co. v. Arcadia Financial Ltd.

Texas Court of Appeals, 3rd District (Austin)

Decided November 8, 2001No. 03-00-00714-CVPublishedCited by 10 opinions

1Opinion of the Court

LEE YEAKEL, Justice.

Appellant Gramercy Insurance Company (“Gramercy”) appeals from a county-court-at-law judgment in favor of appellee, Arcadia Financial Ltd. (“Arcadia”). Arcadia sued Gramercy seeking recovery under a statutory motor-vehicle-dealer bond after Arcadia obtained judgment against the bond’s principal, Car One Finance, Inc. (“Car One”), in federal district court. We will modify and, as modified, affirm the county court at law’s judgment.

FACTUAL AND PROCEDURAL BACKGROUND

Arcadia provides purchase-money financing to retail customers of automobile dealers. Car One is a licensed used…

2Cases cited18 opinions

  1. Ragsdale v. Progressive Voters LeagueTexas Supreme Court · 1990
  2. Liberty Mutual Insurance Co. v. Garrison Contractors, Inc.Texas Supreme Court · 1998
  3. Morrison v. ChanTexas Supreme Court · 1985
  4. New Amsterdam Casualty Co. v. Texas Industries, Inc.Texas Supreme Court · 1967
  5. Cail v. Service Motors, Inc.Texas Supreme Court · 1983

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3Cited by10 opinions

  1. Kendziorski v. Saunders, Texas Court of Appeals, 3rd District (Austin)2006
  2. Arcadia Financial, Ltd. v. Southwest-Tex Leasing Co., Texas Court of Appeals, 3rd District (Austin)2002
  3. Public Utility Commission of Texas v. Southwestern Bell Telephone Co.Court of Appeals of Texas · 2003
  4. Southern Ins. Co. v. ADESA AUSTIN, Texas Court of Appeals, 5th District (Dallas)2007
  5. Jeffrey A. Kendziorski v. Don W. Saunders, Texas Court of Appeals, 3rd District (Austin)2006

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