Sherrard v. After Hours, Inc.

REAVLEY, Justice.

The three plaintiffs, James Sherrard, Glyen Lemmon and John Paul Wilkinson, Jr. brought this suit against After Hours, Inc. to rescind their distributorship contracts and to recover their damages caused by fraud that induced them to enter the contracts. Plaintiffs alleged that they were purposely deceived by assurances that the City of Austin would be divided into two separate territories for two rather than three distributors. A jury found for the plaintiffs and the trial court rendered a judgment in their favor. The court of civil appeals reversed and rendered judgment…