New Braunfels Factory Outlet Center, Inc. v. IHOP Realty Corp.

KIDD, Justice.

This is an appeal from a suit between the buyer and seller of real property for reformation and construction of a restrictive covenant. Appellee, IHOP Realty Corp. (“IHOP”), the buyer, contended that the restrictive covenant prohibited appellants, New Braunfels Factory Outlet, Edward K. Kop-plow, and Rob Eversberg (collectively “New Braunfels”), the sellers, from selling a tract of land adjacent to IHOP’s tract to Cracker Barrel Old Country Store (“Cracker Barrel”). After a jury trial, the district court rendered judgment denying reformation, holding that the restrictive…