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FAZIO v. CYPRESS/GR HOUSTON I, L.P.

No. 01-09-00728-CV.

403 S.W.3d 390 (2013)

Peter FAZIO, Shari Fazio, and Eric Fazio, Appellants v. CYPRESS/GR HOUSTON I, L.P., Cypress/GR Houston, Inc., and Cypress Equities, Inc., Appellees. Cypress/GR Houston I, L.P., Cypress/GR Houston, Inc., and Cypress Equities, Inc., Appellants v. Peter Fazio, Appellee.

Court of Appeals of Texas, Houston (1st Dist.).

April 5, 2013.

Attorney(s) appearing for the Case

Sanford L. Dow , J.W. Beverly , Houston, TX, for Appellants.

Polly Graham , Arlen Ross Levy , Houston, TX, for Appellees.

Justice BLAND, joined by Chief Justice RADACK, and by Justices MASSENGALE, BROWN, and HUDDLE, for the en banc court.

EN BANC OPINION

JANE BLAND, Justice.

In this suit arising from the sale of land, we examine the appropriate measure of damages for a sale obtained through fraudulent inducement. A jury concluded that the seller of the land had failed to disclose material information to the buyer about the financial state of a commercial tenant who leased the land. But the jury further concluded that the buyers suffered nothing in damages proximately caused by the fraud,...

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