Legal Opinion
Affiliated Capital Corp. v. Musemeche
Court of Appeals of Texas
Decided January 24, 1991No. A14-90-0163-CVPublishedCited by 7 opinions
1Opinion of the Court
OPINION
JUNELL, Justice.
Appellees, Robert J. Musemeche and Patricia M. Musemeche, accepted a $500,000 promissory note from Affiliated Capital Corporation in exchange for their interest in a Houston office building. When Affiliated defaulted in 1986, appellees sued on the note, contending that Affiliated’s president, Billy B. Goldberg, defrauded them by causing Affiliated to be merged into a “shell” corporation in 1983, and consequently, Affiliated’s assets were denuded and it could not pay on the note. In addition, appellees complained that Goldberg represented to them that cash flow problems…
2Cases cited8 opinions
- Roark v. AllenTexas Supreme Court · 1982
- Oil Field Haulers Ass'n v. Railroad CommissionTexas Supreme Court · 1964
- Zarges v. BevanTexas Supreme Court · 1983
- Karl and Kelly Company, Inc. v. McLerranTexas Supreme Court · 1983
- Crozier v. Horne Children Maintenance and Educational TrustCourt of Appeals of Texas · 1980
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Vincent v. Bank of America, N.A., Texas Court of Appeals, 5th District (Dallas)2003
- Blankenship v. RobinsCourt of Appeals of Texas · 1994
- Krull v. SomozaCourt of Appeals of Texas · 1994
- David Isaac Cisneros v. Laurette Cisneros, Texas Court of Appeals, 14th District (Houston)2015
- Morgan Jackson v. Eric Jennings Kisiah, Texas Court of Appeals, 2nd District (Fort Worth)2013
2 more not listed; retrieve them via the Exa API.