(DOWNLOAD) "Investors v. Charles Hadley and Gayle Hadley" by Third District, Austin No. 3-86-021-CV Court of Appeals of Texas * eBook PDF Kindle ePub Free

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eBook details

• Title: Investors v. Charles Hadley and Gayle Hadley
• Author : Third District, Austin No. 3-86-021-CV Court of Appeals of Texas
• Release Date : January 23, 1987
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 70 KB

Description

SHANNON, Chief Justice Appellees Charles Hadley and Gayle Hadley sued Investors, Inc. in the district court of Williamson County claiming Investors violated the Deceptive Trade Practices Act, Tex. Bus. & Comm. Code Ann. ? 17.46(b) (Supp. 1987). Upon trial to a jury, the district court rendered judgment for the Hadleys. This Court will reverse the judgment in part and affirm the judgment in part. The Hadleys pleaded that Investors made certain misrepresentations to them in the process of providing a loan commitment. Pursuant to the claimed misrepresentations, the Hadleys believed that Investors would provide permanent financing for the purchase of their house even though the house was not completely constructed. Investors, however, refused to provide permanent financing for the partially completed house. The Hadleys asserted that, as a result, they were forced to draw upon their cash reserves and to obtain permanent financing on less favorable terms than those supposedly offered by Investors.

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