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LEE v. HASSON

No. 14-05-00004-CV.

286 S.W.3d 1 (2007)

Lanna L. LEE, f/k/a Lanna Pai, and B. Lanna, Inc., Appellants, v. Theodore HASSON, H. International Distribution, Inc. a/k/a Hasson International Distribution, Inc., and Diversified Financial Enterprises, Appellees.

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

January 30, 2007.

Attorney(s) appearing for the Case

David M. Gunn, Constance H. Pfeiffer, Russell S. Post, Warren Cole, Murray Fogler, Houston, for appellants.

Kevin Dubose, Roger D. Townsend, James R. Moriarty, Patrick Kevin Leyendecker, Houston, for appellees.

Panel consists of Chief Justice HEDGES and Justices YATES and GUZMAN.

OPINION

EVA M. GUZMAN, Justice.

This appeal arises from a dispute over the existence and enforceability of an oral contract between an insurance broker/financial advisor and his wealthy friend and client, who retained his services as an advisor regarding the division of property incident to her divorce. The outcome of the appeal turns on the existence and fulfillment of any informal fiduciary duty owed by the advisor to the client. The client, appellant...

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