Legal Opinion
Legacy Bank v. Fab Tech Drilling Equipment, Inc. and Impulse Electric, LTD.
Texas Court of Appeals, 11th District (Eastland)
Decided December 31, 2018No. 11-16-00356-CVPublishedCited by 5 opinions
1Opinion of the Court
Opinion filed December 31, 2018 In The Eleventh Court of Appeals __________ No. 11-16-00356-CV __________ LEGACY BANK, Appellant V. FAB TECH DRILLING EQUIPMENT, INC. AND IMPULSE ELECTRIC, LTD., Appellees On Appeal from the 161st District Court Ector County, Texas Trial Court Cause No. B-134,780 OPINION This case presents a question of first impression in this State: whether the holder of a prior perfected security interest waives its priority right to collateral by failing to declare default or otherwise take an affirmative action to foreclose on the collateral prior to a judgment lien…
2Cases cited19 opinions
- City of Keller v. WilsonTexas Supreme Court · 2005
- Barshop v. Medina County Underground Water Conservation DistrictTexas Supreme Court · 1996
- Jernigan v. LangleyTexas Supreme Court · 2003
- Shields Ltd. Partnership v. BradberryTexas Supreme Court · 2017
- Sun Exploration and Production Co. v. BentonTexas Supreme Court · 1987
14 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- HHH Farms, L.L.C., Hartwell Farms, LLC, and Waymon Scott Hartwell v. Fannin Bank, Texas Court of Appeals, 6th District (Texarkana)2021
- Navient Solutions v. BPG Office PartnersSuperior Court of Delaware · 2024
- Optimum Laboratory Services, LLC v. East El Paso Physicians' Medical Center, LLCDistrict Court, W.D. Texas · 2023
- Starr v. VSL Pharmaceuticals, Inc.District Court, D. Maryland · 2020
- Travelers Indemnity Company v. Gustine Independent School District, Texas Court of Appeals, 11th District (Eastland)2023