WOODCREST ASSOC., LTD. v. COMMONWEALTH MORTG. CORP.

No. 05-88-01239-CV.

775 S.W.2d 434 (1989)

WOODCREST ASSOCIATES, LTD., Appellant, v. COMMONWEALTH MORTGAGE CORPORATION, Appellee.

Court of Appeals of Texas, Dallas.

Rehearing Denied September 8, 1989.


Attorney(s) appearing for the Case

Patrick F. McManemin, William A. Smith, Dallas, for appellant.

Larry M. Lesh, Dallas, for appellee.

Before McCLUNG, ROWE and BURNETT, JJ.


ROWE, Justice.

Appellee Commonwealth Mortgage Corporation [Commonwealth] brought this action against Woodcrest Associates, Ltd. [Woodcrest] to secure possession and control of an apartment complex which Woodcrest had pledged as security for a loan. Woodcrest filed a counterclaim against Commonwealth seeking penalties for usury. After a non-jury trial, the trial court awarded possession and control of the complex to Commonwealth and denied Woodcrest all relief on its...

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