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AMERICAN BANK v. MOOREHEAD OIL & GAS

Number 13-17-00641-CV.

606 S.W.3d 747 (2018)

AMERICAN BANK, N.A. AS TRUSTEE OF the LISA MARIE BUCKLEY TRUST and Co-Trustee of the John Buckley Jr. Trust and Kelly Rose Kinard Trust, John Buckley Trust, Lisa Marie Buckley Trust, Kelly Rose Kinard Trust, Together with John Buckley Jr., Lisa Marie Buckley, and Kelly Rose Kinard Trust, as Trustee, Co-Trustee and/or Trust Beneficiaries of the John Buckley Jr. Trust, Lisa Marie Buckley Trust, and Kelly Rose Kinard Trust, and/or Shareholders, Appellants, v. MOOREHEAD OIL & GAS, INC., Moorehead Acquisition, LLC, and Moorehead Oil & Gas, LLC, Appellees.

Court of Appeals of Texas, Corpus Christi-Edinburg.

Delivered and filed November 29, 2018.

Attorney(s) appearing for the Case

David W. Green , Harline Dacus Barger Dreyer, LLP, 1980 Post Oak Blvd., Suite 1800, Houston, TX 77056, Matthew W. Bobo , Christopher Espinosa , Law Office of Matthew Bobo PLLC, 4916 Camp Bowie Blvd., Suite 100, Fort Worth, TX 76107-4181, for Appellants.

Clinton Twaddell III , Branscomb I PC, 114 W. 7th St., Suite 725, Austin, TX 78701-3053, for Appellees.

Before Justices Rodriguez, Contreras, and Benavides.

OPINION

This is an appeal of a summary judgment in a proceeding to determine the fair value of ownership interests in corporate stock under section 10.361 of the Texas Business Organizations Code. See TEX. BUS. ORGS. CODE ANN. § 10.361 (West, Westlaw through 2017 1st C.S.). Appellants, John J....

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