BDB Interests, L.C. D/B/A Gulf Coast Nissan and Steve Blanchard Nissan v. Arcadia Financial LTD.

CourtCourt of Appeals of Texas
DecidedMarch 29, 2007
Docket14-06-00055-CV
StatusPublished

This text of BDB Interests, L.C. D/B/A Gulf Coast Nissan and Steve Blanchard Nissan v. Arcadia Financial LTD. (BDB Interests, L.C. D/B/A Gulf Coast Nissan and Steve Blanchard Nissan v. Arcadia Financial LTD.) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
BDB Interests, L.C. D/B/A Gulf Coast Nissan and Steve Blanchard Nissan v. Arcadia Financial LTD., (Tex. Ct. App. 2007).

Opinion

Motion for Rehearing Granted; Opinion of January 25, 2007, Withdrawn; Affirmed; and Memorandum Opinion on Rehearing filed March 29, 2007

Motion for Rehearing Granted; Opinion of January 25, 2007, Withdrawn; Affirmed; and Memorandum Opinion on Rehearing filed March 29, 2007.

In The

Fourteenth Court of Appeals

____________

NO. 14-06-00055-CV

BDB INTERESTS, L.C. D/B/A GULF COAST NISSAN AND STEVE BLANCHARD NISSAN, Appellant

V.

ARCADIA FINANCIAL LTD., Appellee

On Appeal from the County Court at Law No. 1 and Probate Court

Brazoria County, Texas

Trial Court Cause No. CI031973

M E M O R A N D U M   O P I N I O N   O N   R E H E A R I N G

We grant appellee=s motion for rehearing, withdraw the opinion issued on January 25, 2007, and issue the following substitute memorandum opinion.

In a single issue, appellant BDB Interests, L.C., doing business as Gulf Coast Nissan and Steve Blanchard Nissan (collectively AGulf Coast@), appeals from a summary judgment granted in favor of Arcadia Financial Ltd. (AArcadia@) for breach of contract.  We affirm.


I.  Factual and Procedural Background

Gulf Coast, a car dealer, entered into a AMaster Dealer Agreement@ (AMDA@) with Arcadia, a financing company, under which Gulf Coast agreed to assign retail sales installment contracts arising from car sales (ACustomer Obligations@) to Arcadia.  Under certain circumstances outlined in the MDA, however, Arcadia could demand Gulf Coast  repurchase Customer Obligations.  This appeal concerns a breach of contract action by Arcadia against Gulf Coast for failure to repurchase a Customer Obligation under the MDA.


On September 3, 2002, Robert C. Jackson and his wife, Sarah M. Jackson, acting as his attorney-in-fact under a durable power of attorney, purchased a car from Gulf Coast (the AJackson contract@), though Mr. Jackson was not present during the sale process.  Mrs. Jackson financed the car, and, in its role as an agent for Servco Life Insurance Company (AServco@), Gulf Coast included in the financing agreement an option to purchase credit life insurance that would cover any remaining payments on the vehicle if the policyholder died.  Mrs. Jackson chose to purchase the insurance in Mr. Jackson=s name for $1,098.61, which Gulf Coast added to the sales price and included in calculating payments under the financing agreement.  Though the record contains no copy of the Servco insurance policy, the parties appear to agree the policy had a sixty-five-year age limit, and they do not dispute that Mr. Jackson was seventy-three years old at the time of the purchase.  Mrs. Jackson testified that Gulf Coast never mentioned an age limit for the policy or that her husband may have exceeded such limit.  Gulf Coast does not dispute this claim but maintains Mrs. Jackson withheld her husband=s age.[1]  Mrs. Jackson asserts that during the closing, she gave Gulf Coast a copy of Mr. Jackson=s Texas driver=s license.  Gulf Coast admits it had possession of the license but claims it did not realize during the closing that Mr. Jackson exceeded the age limit for the policy.  Mrs. Jackson never received a copy of a credit life insurance policy.  After the closing, pursuant to the MDA, Gulf Coast assigned the Jackson contract to Arcadia.  In return, Arcadia paid Gulf Coast the required consideration under the MDA, including the amount earmarked for the insurance.

On November 19, 2002, less than three months after the sale, Mr. Jackson died from AAdvanced Alzheimer=s@ disease.  On November 30, 2002, without notifying Mrs. Jackson, Gulf Coast made out a check to Arcadia refunding the $1,098.61 premium for Mr. Jackson=s insurance policy.  The following month, on December 2 or 3, 2002, Mrs. Jackson went to Gulf Coast seeking to collect on the insurance policy.  According to Mrs. Jackson, the finance manager at Gulf Coast informed her for the first time that no policy ever issued for Mr. Jackson because he exceeded the policy=s age limit.  Gulf Coast concedes it never forwarded the premium to an insurance company to pay for a policy on Mr. Jackson.  Mrs. Jackson also claims the finance manager said she would send the insurance premium back to Arcadia.  After her visit to Gulf Coast, Mrs. Jackson said she repeatedly contacted Gulf Coast to confirm whether the finance manager had in fact sent the premium to Arcadia, but Gulf Coast employees Aput [her] off many, many times.@  According to Mrs. Jackson, Gulf Coast failed to notify her it had sent the insurance premium to Arcadia or otherwise had not sent the premium to the insurance company to purchase the policy.  Arcadia received the refund check on February 4, 2003 and applied the amount to reduce the principle balance on Mrs. Jackson=s account.


Mrs. Jackson continued making payments to Arcadia through September 2003 but subsequently defaulted.   In February 2004, Arcadia informed Gulf Coast that, according to its records, Mrs. Jackson had purchased a credit life insurance policy from Servco, but such policy had been cancelled because Mr. Jackson exceeded the age limit.  Arcadia said Mrs.

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BDB Interests, L.C. D/B/A Gulf Coast Nissan and Steve Blanchard Nissan v. Arcadia Financial LTD., Counsel Stack Legal Research, https://law.counselstack.com/opinion/bdb-interests-lc-dba-gulf-coast-nissan-and-steve-b-texapp-2007.