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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.
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