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EDISON v. BETA FINANCIAL CORP.

No. 11-98-00083-CV.

994 S.W.2d 827 (1999)

Michael J. EDISON, Appellant, v. BETA FINANCIAL CORPORATION, Appellee.

Court of Appeals of Texas, Eastland.

May 27, 1999.

Attorney(s) appearing for the Case

John D. Clayman, Tilly & Associates, Tulsa, OK, Braden W. Sparks, Braden Sparks PC, Dallas, for appellant.

Scott Paul Hazen, Jessie Amos, Brown McCarroll, & Oaks Hartline LLP, Austin, for appellee.

Panel consists of: ARNOT, C.J., and WRIGHT, J., and McCALL, J.

OPINION

TERRY McCALL, Justice.

Appellant Michael J. Edison obtained a default judgment against appellee, Beta Financial Corporation. The trial court granted Beta's bill of review, held a subsequent hearing on the merits of Edison's original claim which Edison did not attend, and then dismissed Edison's petition for want of prosecution. We affirm.

InsurUSA, a company controlled by Edison, borrowed approximately five million dollars from Beta in 1987...

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