Legal Opinion

Szczepanik v. First Southern Trust Co.

Texas Supreme Court

Decided June 2, 1994No. D-4546PublishedCited by 393 opinions

1Opinion of the Court

On Application FOR Writ of ERROR to THE COURT OF APPEALS FOR THE Fifth DistRict of Texas

2Per curiam

This ease involves alleged lost profits sustained by First Southern Trust Company (FST), a wholly owned subsidiary of First Southern Holding Company (FSH), when certain officers and employees left FST and formed a competing business.

FST manages retirement assets primarily for retired airline pilots. In 1991, after serving for a brief period of time as president of FST and FSH, Richard Szczepanik resigned and formed a new corporation, Retirement Advisors of America, Inc. (RAAI), with other former officers…

3Cases cited5 opinions

  1. Holt Atherton Industries, Inc. v. HeineTexas Supreme Court · 1992
  2. Collora v. NavarroTexas Supreme Court · 1978
  3. Texas Instruments, Inc. v. Teletron Energy Management, Inc.Texas Supreme Court · 1994
  4. White v. Southwestern Bell Tel. Co., Inc.Texas Supreme Court · 1983
  5. First Southern Trust Co. v. SzczepanikCourt of Appeals of Texas · 1993

4Cited by393 opinions

  1. City of Keller v. WilsonTexas Supreme Court · 2005
  2. Helena Chemical Co. v. WilkinsTexas Supreme Court · 2001
  3. Prudential Insurance Co. of America v. Financial Review Services, Inc.Texas Supreme Court · 2000
  4. Meaux Surface Protection, Inc. v. FoglemanCourt of Appeals for the Fifth Circuit · 2010
  5. Exxon Corp. v. Breezevale Ltd., Texas Court of Appeals, 5th District (Dallas)2002

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