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VERNA DRILLING v. PARKS-DAVIS AUCTIONEERS

No. 08-82-00322-CV.

659 S.W.2d 877 (1983)

VERNA DRILLING COMPANY, Appellant, v. PARKS-DAVIS AUCTIONEERS, INC., et al., Appellees.

Court of Appeals of Texas, El Paso.

Rehearing Denied October 19, 1983.

Attorney(s) appearing for the Case

Hayden Burns, Butler & Binion, Houston, for appellant.

John E. Gunter, Rassman, Gunter & Boldrick, Midland, for appellees.

Before STEPHEN F. PRESLAR, C.J., and WARD and SCHULTE, JJ.

OPINION

SCHULTE, Justice.

Appellant's cause of action arose out of an alleged breach by Appellees of a fiduciary duty arising out of alternatively alleged agency relationships. The case concerns the purchase by Appellees of a National 110 drilling rig which Appellant alleged was acquired by Appellees with knowledge of an agreement to appraise it for Appellant and through the improper use of confidential information provided to Appellees by Appellant. Following...

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