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PARK ENVIR. EQUIP. v. TEXAS CAPITAL FUNDING

No. 14-02-00418-CV.

102 S.W.3d 243 (2003)

PARK ENVIRONMENTAL EQUIPMENT, LTD., Appellant, v. TEXAS CAPITAL FUNDING, INC., Appellee.

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

March 6, 2003.

Attorney(s) appearing for the Case

Stanford Scott Boyd, Beaumont, for appellant.

Joan K. Kehlhof, Houston, for appellee.

Panel consists of Chief Justice BRISTER and Justices SEYMORE and EDELMAN.

OPINION

SCOTT BRISTER, Chief Justice.

In the course of a real estate project in Harris County, an owner hired a general contractor who hired a subcontractor (Gulf Environmental, Inc.) who bought materials from appellant Park Environmental Equipment, Ltd. Before completion, Gulf sold its accounts receivable on the project to appellee, Texas Capital Funding, Inc., and gave notice to the general contractor of the assignment. Accordingly, when the owner paid...

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