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CIGNA INS. CO. v. TPG STORE, INC.

No. 03-94-00138-CV.

894 S.W.2d 431 (1995)

CIGNA INSURANCE COMPANY and INAC Corporation, Appellants, v. TPG STORE, INC. (Formerly Known as Kash Karry, Inc., Subsidiary of Fresh Plus Austin, Inc.), Appellee.

Court of Appeals of Texas, Austin.

February 22, 1995.

Attorney(s) appearing for the Case

Curtis J. Kurhajec, Law Offices of Curtis J. Kurhajec, Austin, for appellants.

Mark L. Perlmutter—[Signed brief for appellee.], Perlmutter & Reagan, L.L.P., Austin, for appellee.

Before CARROLL, C.J., and JONES and KIDD, JJ.

KIDD, Justice.

This is a usury case. Appellee Kash Karry, Inc., a predecessor in interest of TPG Store, Inc. ("Kash Karry"), sued appellants CIGNA Insurance Company and INAC Corporation for charging usurious interest on a premium finance agreement to purchase insurance policies for Kash Karry's grocery business. The district court granted Kash Karry's motion for summary judgment, and CIGNA and INAC appeal. We will affirm the judgment of the trial court.

THE...

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