Coastal Cement Sand Inc. v. First Interstate Credit Alliance, Inc.

MAJORITY OPINION

YATES, Justice.

This is an appeal from an order granting summary judgment in favor of First Interstate Credit Alliance, Inc., now known as ORIX Credit Alliance (“ORIX”). Coastal Cement Sand, Inc., Consolidated Carriers, Inc., and Southwest Texas Ready Mix, Inc. (collectively appellants) filed suit against ORIX, alleging ORIX had contracted for usury. Appellants argue the trial court erred in granting summary judgment in favor of ORIX and in denying appellants’ cross-motion for partial summary judgment because 1) ORIX failed to state explicitly any grounds for summary judgment…