Supreme Court of Texas
First Commerce Bank v. Palmer, 05-0686
In a dispute involving two guaranty agreements required by a creditor and given by shareholders of a corporate debtor, a judgment refusing to enforce the guaranties is reversed and remanded where, contrary to rulings below, there was neither a lack nor a failure of consideration.
Appellate Information
- Argued 11/14/2006
- Decided 06/01/2007
- Published 06/01/2007
Judges
- Justice MEDINA delivered the opinion of the Court.
Court
- Supreme Court of Texas
Counsel
- For Appellant:
- R. Hayden Burns, Liskow & Lewis, P.C., Houston TX, for Petitioner., Karen Sue Neeley, Cox Smith Matthews Incorporated, and John Mark Heasley, Austin TX, for Amicus Curiae.
- For Appellees:
- Katrina Dannhaus Packard, Katrina Dannhaus Packard, P.C., Schulenburg, TX, for Respondent.