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FAUCETTE v. CHANTOS

No. 14-08-00536-CV.

322 S.W.3d 901 (2010)

H. Frank FAUCETTE and J. Lawrence Schadler, Appellants/Cross-Appellees, v. Grace C. CHANTOS and A.J. Chantos & Associates, Inc. d/b/a Sarco of Texas, Appellees/Cross-Appellants.

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

September 23, 2010.

Attorney(s) appearing for the Case

Clinard J. Hanby , The Woodlands, for appellants.

Bradley R. Walton , Peter Michael Kelly , James B. Lewis , Susan J. Taylor , Houston, for appellees.

Panel consists of Justices FROST, BROWN, and Senior Justice HUDSON.

OPINION

JEFFREY V. BROWN, Justice.

This case involves the failed sale of a company to its employees, who instead resigned from the company, formed their own business, and obtained some of the seller's former lines of business. The company, A.J. Chantos & Associates, Inc., d/b/a Sarco of Texas ("Sarco") and its principal shareholder, Grace C. Chantos, sued former employees H. Frank Faucette and J. Lawrence Schadler, alleging breach of contract, tortious...

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