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OCEAN TRANSPORT, INC. v. GREYCAS, INC.

No. 13-92-453-CV.

878 S.W.2d 256 (1994)

OCEAN TRANSPORT, INC., et al., Appellants, v. GREYCAS, INC., et al., Appellees.

Court of Appeals of Texas, Corpus Christi.

Rehearing Overruled June 30, 1994.

Attorney(s) appearing for the Case

James R. Harris, J. Norman Thomas, Andrew M. Greenwell, Harris & Thomas, Corpus Christi, for appellants.

C. Michael Clark, Johnson & Dylewski, Houston, David T. Maddox, Fennemore Craiz, Phoenix, Lee Casstevens, David Atnip, Gregory T. Perkes, Wood, Burney, Cohn & Viles, Corpus Christi, Jerald Gibbs, Calvin, Dylewski, Gibbs, Johnson & Verner, Houston, for appellees.

Before DORSEY, PAUL W. NYE, and GILBERTO HINOJOSA, JJ.

OPINION

GILBERTO HINOJOSA, Justice.

This appeal involves a deficiency suit asserted by Greycas, Inc., against appellants on a $3.1 million promissory note secured by two first preferred ship mortgages on two barges. Appellants filed a counterclaim against appellees for usury and violations of the Texas Deceptive Trade Practices-Consumer Protection Act (the DTPA),2 and appellees filed counterclaims against appellants for their...

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