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GOLDOME CREDIT v. UNIVERSITY SQUARE APTS.

No. 07-91-0272-CV.

828 S.W.2d 505 (1992)

GOLDOME CREDIT CORPORATION, Appellant, v. UNIVERSITY SQUARE APARTMENTS, a Texas General Partnership, Appellee.

Court of Appeals of Texas, Amarillo.

March 30, 1992.

Attorney(s) appearing for the Case

Hoover Bax & Shearer, David W. Waddell, Nathan A. Steadman, Houston, for appellant.

Law Offices of Jack McClendon, Greg Teeter, Jack McClendon, Lubbock, for appellee.

Before REYNOLDS, C.J., and BOYD and POFP, JJ.

POFF, Justice.

University Square Apartments (University Square), appellee, sued to enjoin First National Bank at Lubbock (the Bank) from honoring a $150,000 letter of credit. The letter of credit was issued to Goldome Credit Corporation (GCC), appellant, and drawn against University Square's account. The trial court issued a temporary restraining order prohibiting the Bank from paying GCC under the letter of credit. GCC intervened and moved to dissolve the temporary...

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