Texas Commerce Bank Reagan Ex Rel. Texas Commerce Bank National Ass'n v. Lebco Constructors, Inc.

OPINION

GILBERTO HINOJOSA, Justice.

Lebco, Inc. (Lebco), and Spencer/Center Development Partners, Ltd., Spencer/Center Retail Partners, Ltd., GBNF, Inc., and David Askanase, Trustee 1 (collectively the Spencer parties) sued Texas Commerce Bank-Reagan for fraud and negligent misrepresentation in connection with the bank’s refusal to fund construction loans that it had already approved. The trial court rendered judgment in accordance with the jury verdict against the bank and awarded damages of $2,500,000 to Lebco and $300,000 to the Spencer parties. The bank appeals by three points of error. In…