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STATE NAT. BANK v. FARAH MFG. CO.

No. 08-82-00160-CV.

678 S.W.2d 661 (1984)

STATE NATIONAL BANK OF EL PASO, Appellant, v. FARAH MANUFACTURING COMPANY, INC., Appellee.

Court of Appeals of Texas, El Paso.

Rehearing Denied November 7, 1984.

Attorney(s) appearing for the Case

Marvin S. Sloman, Robert L. Blumenthal, Carrington, Coleman, Sloman & Blumenthal, Dallas, Robert J. Hearon, Jr., Pamela Stanton Baron, Graves, Dougherty, Hearon & Moody, Austin, Raymond C. Caballero, El Paso, for appellant.

Tom Thomas, Kolodey, Thomas, Dooley & Yeager, Dallas, for appellee.

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

OPINION

SCHULTE, Justice.

This case centers around a management change clause contained in a $22,000,000.00 loan agreement. The jury found Appellant bank, acting alone or in conspiracy with any of the other lenders, committed acts of fraud, duress and interference, proximately resulting in damages to Appellee, and set damages at $18,947,348.77. We reform and affirm.

The management change clause set forth...

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