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CAL FED MORTG. CO. v. STREET

No. 3-90-227-CV.

824 S.W.2d 622 (1991)

CAL FED MORTGAGE COMPANY, et al., Appellants, v. John E.H. STREET, Appellee.

Court of Appeals of Texas, Austin.

Rehearing Overruled January 22, 1992.

Attorney(s) appearing for the Case

Thomas C. McGraw, Gibson, Dunn & Crutcher, Dallas, for appellants.

Darrell Gest, Hearne, Knolle, Livingston & Holcomb, Austin, for appellee.

Before POWERS, JONES and SMITH, JJ.

JONES, Justice.

John E.H. Street, appellee, sued Cal Fed Mortgage Company and California Federal Bank, F.S.B. (collectively, "Cal Fed"), appellants, for failing to provide him with promised financing for the acquisition of an office building in Austin, Texas. Street claimed that Cal Fed induced him to purchase the building by promising approval of the requested financing. In his suit, Street alleged fraud, breach of contract, negligent misrepresentations, promissory...

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