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NOLANA DEVELOPMENT ASS'N v. CORSI

No. C-3311.

682 S.W.2d 246 (1984)

NOLANA DEVELOPMENT ASSOCIATION, Petitioner, v. Ann R. CORSI, Trustee, Respondent.

Supreme Court of Texas.

December 12, 1984.

Attorney(s) appearing for the Case

Levbarg & McGowan, Mark Z. Levbarg, Austin, for petitioner.

Kazen & Ray, Hector Villarreal, Austin, for respondent.

SPEARS, Justice.

This case involves breach of contract to pay money and breach of fiduciary duty. Nolana Development Association, a joint venture, sued Ann Corsi, individually and as trustee, alleging that her failure to pay part of the mortgage on Nolana's lot resulted in the foreclosure and loss of the property. After a non-jury trial, the court awarded Nolana judgment for $750,000. Ann Corsi appealed, and the court of appeals reversed and rendered judgment that...

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