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WIL-ROYE INVESTMENT CO. II v. WASHINGTON MUT. BANK

No. 08-03-00001-CV.

142 S.W.3d 393 (2004)

WIL-ROYE INVESTMENT CO. II and Renewable Investments, Inc., Appellants, v. WASHINGTON MUTUAL BANK, FA, Appellee.

Court of Appeals of Texas, El Paso.

June 3, 2004.

Attorney(s) appearing for the Case

James B. Wilcox Jr., James P. Wilcox, Jr., P.L.L.C., Washington, DC, Rodney W. Satterwhite, Stubbeman, McRae, Sealy, Laughlin & Browder, Inc., Midland, for Appellants.

Robert M. Cohan, Dallas, for Appellee.

Before Panel No. 4 BARAJAS, C.J., LARSEN, and McCLURE, JJ.

OPINION

ANN CRAWFORD McCLURE, Justice.

Wil-Roye Investment Co. II and Renewable Investments appeal from a take nothing judgment entered in favor of Washington Mutual Bank following a bench trial. We affirm.

FACTUAL SUMMARY

In January of 1995, Bill Wilson, William B. Wilson (Bill's father), and the Roye brothers, Mike and Walter, formed Wil-Roye Investment Company for the purpose of re-factoring invoices purchased by Key Commercial...

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