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BLASDEL v. CATALINA

No. A14-92-00823-CV.

889 S.W.2d 505 (1994)

William J. BLASDEL d/b/a Casey's Cars, Appellant, v. James W. CATALINA and Sheryl D. Catalina d/b/a Catalina Leasing, Appellees.

Court of Appeals of Texas, Houston (14th Dist.).

Rehearing Overruled December 1, 1994.

Attorney(s) appearing for the Case

Marcus E. Faubion, Houston, for appellant.

Mitchell J. Buchman, Houston, for appellees.

Before J. CURTISS BROWN, C.J., and MURPHY and ELLIS, JJ.

OPINION ON REMAND

J. CURTISS BROWN, Chief Justice.

Appellant, William Blasdel, sued appellees, James and Sheryl Catalina, for charging a usurious interest rate on a floor plan agreement used to finance inventory on the appellant's used car lot. The trial court found that the floor plan did not contain an absolute obligation to repay the principal and that the floor plan agreement was not usurious. We reversed the judgment of the trial court finding that...

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