Legal Opinion
Texas Bank & Trust Co. v. Lone Star Life Insurance Co.
Court of Appeals of Texas
Decided April 13, 1978No. 1115PublishedCited by 10 opinions
1Opinion of the Court
McKAY, Justice.
This is an appeal from a summary judgment that appellant, Texas Bank & Trust Company, take nothing against appellee, Lone Star Life Insurance Company, for the latter’s failure to honor its loan commitment to James C. Hadsell d/b/a Signa Properties.
Appellant alleged that as a result of Lone Star’s failure to honor the loan commitment, it was damaged in the amount of $251,250, the sum of $225,000 being the difference between the amount of the commitment by Lone Star and the bid price at the foreclosure sale of the real property which secured its interim loan, and $26,250…
2Cases cited6 opinions
- Gibbs v. General Motors CorporationTexas Supreme Court · 1970
- Wheeler v. WhiteTexas Supreme Court · 1965
- Republic National Bank of Dallas v. National Bankers Life Insurance Co.Court of Appeals of Texas · 1968
- Exchange Bank & Trust Co. v. Lone Star Life Insurance Co.Court of Appeals of Texas · 1977
- Briercroft Savings & Loan Ass'n v. Foster Financial Corp.Court of Appeals of Texas · 1976
1 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- MJR Corp. v. B & B VENDING CO., Texas Court of Appeals, 5th District (Dallas)1988
- In the Matter of Texas Mortgage Services Corporation, Debtor. Texas Mortgage Services Corporation v. Guadalupe Savings & Loan AssociationCourt of Appeals for the Fifth Circuit · 1985
- Mandell v. Hamman Oil and Refining Co., Texas Court of Appeals, 1st District (Houston)1991
- Dr. Larry Cunningham, and Dental Leasing, Inc. v. Healthco, Inc.Court of Appeals for the Fifth Circuit · 1987
- Chemical Realty Corp. v. Home Federal Savings & Loan Ass'n of HollywoodCourt of Appeals of North Carolina · 1987
5 more not listed; retrieve them via the Exa API.