Principal Commercial Acceptance, LLC v. Buchanan Fund V, LLC

Opinion issued December 6, 2012. In The Court of Appeals For The First District of Texas ———————————— NO. 01-11-00782-CV ——————————— PRINCIPAL COMMERCIAL ACCEPTANCE, L.L.C., Appellant V. BUCHANAN FUND V, L.L.C., Appellee On Appeal from the 165th District Court Harris County, Texas Trial Court Case No. 2009-59436 MEMORANDUM OPINION Principal Commercial Acceptance, L.L.C. (“PCA”) appeals a take-nothing judgment rendered in favor of Buchanan Fund V, L.L.C. PCA sued to recover $8,359,245 for Buchanan’s alleged breach of a guaranty agreement relating to a real estate development project. After a…