Legal Opinion

Collective Asset Partners LLC v. Michael Ken Schaumburg, Schaumburg Architects, P.C.

Texas Court of Appeals, 5th District (Dallas)

Decided April 11, 2014No. 05-13-00040-CVPublishedCited by 14 opinions

1Opinion of the Court

OPINION

Opinion by

Justice O’NEILL.

The trial court entered a traditional summary judgment against appellant Collective Asset Partners, LLC (“CAP”). In five issues, CAP argues the trial court erred because issues of material fact exist regarding its claims for (1) negligent misrepresentation, (2) negligence and professional negligence, (3) gross negligence, (4) common law fraud, and (5) statutory fraud. We affirm the trial court’s judgment.

Background

In 2007, CAP was a partnership consisting of Ashely Patten, a title fee attorney, and Ted Peters, an independent businessman. CAP functioned as an…

2Cases cited14 opinions

  1. Nixon v. Mr. Property Management Co.Texas Supreme Court · 1985
  2. Centeq Realty, Inc. v. SieglerTexas Supreme Court · 1995
  3. Western Investments, Inc. v. UrenaTexas Supreme Court · 2005
  4. McCamish, Martin, Brown & Loeffler v. F.E. Appling InterestsTexas Supreme Court · 1999
  5. In Re Lyon Financial Services, Inc.Texas Supreme Court · 2008

9 more not listed; retrieve them via the Exa API.

3Cited by14 opinions

  1. Ara Arana, Individually, as Personal Representative of the Estate of Victor Arana, and on Behalf of All Wrongful Death Beneficiaries Edgar Arana, Paola Arana, and Alexander Arana v. Victor Figueroa, Individually and D/B/A Victor Figueroa Construction, Texas Court of Appeals, 5th District (Dallas)2018
  2. Matheson Tri-Gas, Inc. v. Maxim Integrated Products, Inc., Texas Court of Appeals, 5th District (Dallas)2014
  3. Baxsto, LLC v. ROXO Energy Company, LLC ROXO Energy, LLC REC Minerals, LLC ROXO FW, LLC And Vortus Investment Advisors, LLC, Texas Court of Appeals, 11th District (Eastland)2023
  4. Collective Asset Partners LLC v. Bernardo K. Pana, ACCP, Lp, Texas Court of Appeals, 5th District (Dallas)2014
  5. Collins v. The National Football LeagueDistrict Court, E.D. Texas · 2021

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