[DOWNLOAD] "Federal Land Bank Association Tyler V. William C. Sloane (12/04/91)" by Supreme Court of Texas # Book PDF Kindle ePub Free

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eBook details

• Title: Federal Land Bank Association Tyler V. William C. Sloane (12/04/91)
• Author : Supreme Court of Texas
• Release Date : January 04, 1991
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 76 KB

Description

The primary issues in this case are (1) whether the statute of frauds shields a bank from liability for negligently misrepresenting that it had approved a loan secured by real property; and (2) assuming that the statute of frauds does not apply, whether the prospective borrowers can recover damages for mental anguish attributable to the bank's alleged negligent misrepresentation. After a jury trial, the trial court rendered judgment for the prospective borrowers. The court of appeals affirmed in part and reversed and rendered in part. Specifically, the court of appeals held that the statute of frauds did not bar the claim, affirmed the part of the judgment awarding mental anguish damages, and reversed and rendered that part of the judgment awarding damages for lost profits. 793 S.W.2d 692. We reverse that part of the court of appeals' judgment with regard to the award of mental anguish damages and otherwise affirm. This cause is remanded to the trial court for rendition of a judgment that conforms with this opinion.

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