C. E. Barker, Inc. v. First Capital Bank

CourtCourt of Appeals of Texas
DecidedMay 19, 2005
Docket13-03-00421-CV
StatusPublished

This text of C. E. Barker, Inc. v. First Capital Bank (C. E. Barker, Inc. v. First Capital Bank) 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.

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C. E. Barker, Inc. v. First Capital Bank, (Tex. Ct. App. 2005).

Opinion



NUMBER 13-03-421-CV


COURT OF APPEALS

THIRTEENTH DISTRICT OF TEXAS


CORPUS CHRISTI - EDINBURG





C. E. BARKER, INC.,                                                                    Appellant,


v.


FIRSTCAPITAL BANK,                                                                  Appellee.





On appeal from the 24th District Court

of Victoria County, Texas.





MEMORANDUM OPINION


Before Justices Hinojosa, Yañez and Castillo

                                                                                     Memorandum Opinion by Justice Castillo

          The trial court granted summary judgment in this negligent misrepresentation case. By two issues, C. E. Barker appeals the trial court's order, which granted appellee FirstCapital Bank's summary-judgment motion. We affirm the judgment of the trial court.

I. BACKGROUND

          C. E. Barker is a Texas corporation that installs underground utilities. In 2000, Barker had the opportunity to install utilities in a project being developed by Angul Holdings, L.L.C. Before agreeing to install the utilities, Barker's agent for issuance of construction bonds, Summit Global Partners, requested a letter from FirstCapital Bank seeking confirmation that FirstCapital was Angul's development lender. Lynn Paul, a first vice-president at FirstCapital, subsequently sent a signed letter to Summit ("Summit letter") stating the following:

August 1, 2000

Summit Global Partners

Houston, TX

          RE: See attached legal description

FirstCapital Bank has approved a development loan to Angul Holdings, LLC which includes funds allocated to pay for the installation of underground utilities.

These funds will be advanced as work progresses, subject to the terms and conditions of all loan and security documents and subject to Angul Holdings, LLC strict compliance therewith.

                                                     Yours truly,

                                                     FIRST CAPITAL BANK

                                                     BY: /s/ Lynn L. Paul

                                                                Name: Lynn L. Paul

                                                                Title: First Vice President

          Barker began work on the project in October 2000. At the close of that first month, the engineer in charge of the project inspected the work done by Barker, and the owner approved the itemized invoice for the work. Subsequently, FirstCapital paid Barker for the completed work. In November, the invoice for the work totaled $236,946.31. Though the owner approved the itemized invoice and the engineer approved the work, FirstCapital did not pay the invoice. Barker continued working in the first part of December, the invoice for this work totaling $162,553.79. Again, the engineer approved the work and the owner approved the invoice for that work, but FirstCapital did not pay the invoice. FirstCapital then informed Barker that it was refusing to pay the invoices because Angul had filed for bankruptcy in early December. Barker filed suit on October 11, 2001, alleging negligent misrepresentation by FirstCapital.II. SUMMARY-JUDGMENT MOTIONSA. Traditional Grounds

          FirstCapital filed a motion for summary judgment that included both traditional and no-evidence grounds on March 25, 2003. In its traditional motion for summary judgment, FirstCapital stated: (1) the information supplied by FirstCapital in the Summit letter is not false; and (2) the information is not information that can constitute a negligent misrepresentation. The exhibits attached to the motion are: (1) the Summit letter; (2) Barker's responses to FirstCapital's request for admissions; (3) Barker's responses to FirstCapital's first set of interrogatories; (4) the affidavit of Lynn L. Paul, first vice-president at FirstCapital and loan officer in charge of FirstCapital's loan to Angul; (5) the loan application completed by Angul Holdings on Liberty Savings Association letterhead; and (6) a "Development Loan Agreement" dated November 20, 1998, executed by Liberty Savings Association and Angul Holdings, L.L.C. FirstCapital is the successor by merger to Liberty Savings Association.         B. No-Evidence GroundsIn its no-evidence motion for summary judgment, FirstCapital asserted that there was no evidence the information FirstCapital supplied to Summit in the letter was false. FirstCapital argues that the Summit letter reflects that (1) on the date of the Summit letter, FirstCapital made a loan to Angul, (2) the loan to Angul included funds allocated to pay for the installation of underground utilities, and (3) FirstCapital would advance loan funds if Angul complied with the loan documents and if those advances were not restricted by the loan documents.

C. Barker's Response

          In its summary-judgment response, Barker maintained that FirstCapital's "statement that funds had been allocated to pay for the installation of underground utilities meant that sufficient funds had been irrevocably set aside for that specific purpose only." Barker also asserted that it had presented evidence of the other elements of a negligent misrepresentation cause of action. As evidence, Barker attached: (1) the affidavit of David M. Bearden, a former president of the Houston Contractors Association; (2) the Summit letter; (3) the affidavit and resume of Charles L. Williams, an expert, with experience as a bank senior vice-president or president; and (4) the affidavit of Connard E. Barker, president and owner of C. E. Barker, Inc.

III. ISSUES ON APPEAL

           The trial court granted FirstCapital's motion for summary judgment on both traditional and no-evidence grounds. By two issues, Barker argues the trial court erred in granting (1) the no-evidence motion because Barker presented competent summary-judgment evidence of every element of its cause of action, and (2) the traditional motion because FirstCapital bank failed to disprove any element of Barker's misrepresentation claim.

IV.

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