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PROCTER v. FOXMEYER DRUG CO.

No. 05-93-00470-CV.

884 S.W.2d 853 (1994)

Doak C. PROCTER, III, Appellant, v. FOXMEYER DRUG COMPANY, Appellee.

Court of Appeals of Texas, Dallas.

August 31, 1994.

Attorney(s) appearing for the Case

Terry W. Wood, Beaumont, James Stanton, Dallas, for appellant.

Jeffrey S. Levinger, Daniel J. Smith and Mike Birrer, Dallas, for appellee.

Before LAGARDE, CHAPMAN and MORRIS, JJ.

OPINION

LAGARDE, Justice.

This case presents the issue of whether a corporation, unhappy with an obligation that it voluntarily assumed by an agreement it drafted, may avoid that obligation under the public policy preventing unreasonable restraints on alienation of property. We conclude that it may.

Doak C. Procter, III appeals from a summary judgment declaring that his contractual option to purchase real property from appellee Foxmeyer Drug Company...

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