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OWENS-CORNING FIBERGLAS CORP. v. TEXAS COMMERCE BANK

No. 18418.

763 P.2d 335 (1988)

OWENS-CORNING FIBERGLAS CORPORATION, a Delaware corporation; and Roscorp, Inc. and American Borate Corporation, dba American Borate Company, a California partnership, Appellants/Cross-Respondents, v. TEXAS COMMERCE BANK NATIONAL ASSOCIATION, a national banking association; Mountain View Homes, Inc., a Nevada corporation, Respondents/Cross-Appellants.

Supreme Court of Nevada.

October 25, 1988.

Attorney(s) appearing for the Case

Jolley, Urga, Wirth & Woodbury, Las Vegas, for appellants/cross-respondents.

Jones, Jones, Close & Brown and Gary R. Goodheart, Las Vegas, Liddell, Sapp, Zivley & Hill and Edward P. Watt, Austin, Tex., for respondents/cross-appellants.

OPINION

PER CURIAM:

American Borate Company, owner of a mining operation, and Mountain View Homes, Inc., a developer corporation, decided that they would mutually benefit by the construction of a shopping center and apartment complex (Project) in Nye County. Texas Commerce Bank National Association agreed to finance the Project as an accommodation to, and based on the credit strength of, American Borate and Owens-Corning

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