L'Art De La Mode, Inc. v. the Neiman Marcus Group, Inc.

OPINION

Opinion By

Justice MYERS.

L’Arte de la Mode, Inc. 2 appeals the post-answer default judgment in favor of The Neiman Marcus Group. L’Arte brings two issues asserting (1) the trial court erred by overruling L’Arte’s motion for new trial, and (2) the evidence is insufficient to support the award of exemplary damages against L’Arte. We reverse the trial court’s judgment and remand the cause for further proceedings.

BACKGROUND

Wells Fargo Trade Capital Services, Inc. loaned money to L’Arte, and L’Arte transferred its accounts receivable to Wells Fargo under a factoring agreement. Wells Fargo…