Iconic, LLC; Regicon, LLC; RJH I, LLC; Rodney J. Hayes; And Ryan J. Hayes v. Sangalli Private Ventures, LLC

Texas Court of Appeals, 6th District (Texarkana)·Decided July 2, 2026·No. 06-25-00103-CV·Published

Opinion

In the

Court of Appeals

Sixth Appellate District of Texas at Texarkana

No. 06-25-00103-CV

ICONIC, LLC; REGICON, LLC; RJH I, LLC; RODNEY J. HAYES;

AND RYAN J. HAYES, Appellants

V.

SANGALLI PRIVATE VENTURES, LLC, Appellee

On Appeal from the 342nd District Court Tarrant County, Texas

Trial Court No. 342-358422-24

Before Stevens, C.J., van Cleef and Rambin, JJ.

Memorandum Opinion by Chief Justice Stevens

MEMORANDUM OPINION

Appellee, Sangalli Private Ventures, LLC (SPV), brought suit against Appellants, Iconic, LLC, Regicon, LLC, RJH I, LLC, Rodney J. Hayes, and Ryan J. Hayes, alleging causes of action for breach of contract. SPV moved for summary judgment on its claims of breach of contract, and the trial court granted its motion. On appeal, Appellants assert that the trial court erred in granting summary judgment because: (1) SPV failed to show the guaranty agreements were supported by consideration as to Regicon, RJH I, Rodney, and Ryan; and (2) Iconic came forward with evidence sufficient to raise a genuine issue of material fact on each element of its affirmative defense of impossibility.1 Because we find that Appellants did not rebut the presumption of consideration for the guaranty agreements and Iconic’s affirmative defense of impossibility fails, we affirm the trial court’s judgment. I. Background SPV’s pleadings alleged that Iconic signed four promissory notes and two loan agreements as borrower, with SPV as lender. Specifically, (1) Note 1 is a $950,000.00 promissory note signed on September 29, 2023; (2) Note 2 is a $1,500,000.00 promissory note signed on August 21, 2019 and amended on March 1, 2021 (there is also an associated signed loan agreement related to Note 2 signed and amended on the same dates); (3) Note 3 is a $1,000,000.00 promissory note signed on August 23, 2023; and (4) Note 4 is a $1,500,000.00 promissory note signed on May 11, 2020 (and Note 4 also has an associated signed loan

1 This appeal was transferred to this Court from the Second Court of Appeals pursuant to a Texas Supreme Court docket equalization order. See TEX. GOV’T CODE ANN. § 73.001 (Supp.). Accordingly, we apply the precedent of the Second Court of Appeals in deciding this case to the extent that it conflicts with our own. See TEX. R. APP. P. 41.3.

agreement related to it signed on the same date). SPV also asserted that there are four guaranty agreements—one with Regicon, a second with RJH I, a third with Rodney, and a fourth with Ryan, each signed on October 31, 2023.

SPV filed an amended petition on June 13, 2025, and attached all four promissory notes, both loan agreements, and all four guaranty agreements. SPV also attached a document which showed Iconic’s balances due as of June 2, 2025.

After discovery was conducted, SPV moved for traditional and no-evidence summary judgment, attaching all previously discussed signed agreements and evidence of its damages. SPV argued that it had established SPV was entitled to summary judgment as a matter of law on all of its breach of contract claims. SPV also argued that all of the Appellants’ affirmative defenses, namely impossibility, impracticability, and frustration of purpose, failed as a matter of law.

Appellants responded to SPV’s summary judgment motion, arguing that “genuine issues of material fact exist[ed] regarding the affirmative defenses” precluding summary judgment.

The trial court subsequently granted SPV’s traditional and no-evidence summary judgment motion, awarding SPV damages in the amount of $5,633.250.26, plus interest, against each of the Appellants, jointly and severally. The trial court stated in its order that it would consider attorney fees by submission. After SPV filed its request for attorney fees and supporting documentation, the trial court entered a “Final Judgment” reiterating its granting of the traditional and no-evidence motion for summary judgment and awarding attorney fees in the amount of $67,006.93. This appeal followed.

II. Traditional and No-Evidence Summary Judgment We review a trial court’s decision to grant or deny a motion for summary judgment de novo. City of Lorena v. BMTP Holdings, L.P., 409 S.W.3d 634, 645 (Tex. 2013). When the trial court’s order granting summary judgment does not specify the basis for the ruling, we will “affirm the summary judgment if any of the theories presented to the trial court and preserved for appellate review are meritorious.” Provident Life & Accident Ins. Co. v. Knott, 128 S.W.3d 211, 216 (Tex. 2003). We review the summary judgment “record ‘in the light most favorable to the nonmovant, indulging every reasonable inference and resolving any doubts against the movant.’” City of Lorena, 409 S.W.3d at 645 (quoting City of Keller v. Wilson, 168 S.W.3d 802, 824 (Tex. 2005)).

“A movant for traditional summary judgment has the burden of showing there is no genuine issue of material fact and it is entitled to judgment as a matter of law.” Douglas v. Hardy, 600 S.W.3d 358, 365 (Tex. App.—Tyler 2019, no pet.) (citing TEX. R. CIV. P. 166a(c); Nixon v. Mr. Prop. Mgmt. Co., 690 S.W.2d 546, 548–49 (Tex. 1985)). Under a traditional motion for summary judgment, “[a] defendant-movant who conclusively negates at least one essential element of a plaintiff’s cause of action is entitled to summary judgment on that claim.” Id. (citing Frost Nat’l Bank v. Fernandez, 315 S.W.3d 494, 508 (Tex. 2010)). Also, “after an adequate time for discovery, a party may file a no evidence motion for summary judgment on the ground that there is no evidence of one or more essential elements of a claim or defense on which an adverse party would have the burden of proof at trial.” Id. (citing TEX. R. CIV. P. 166a(i)).

No-evidence and traditional grounds for summary judgment may be combined in a single motion. Binur v. Jacobo, 135 S.W.3d 646, 650–51 (Tex. 2004). The substance of the motion and not its form or the attachment of evidence determines whether the motion is a no-evidence, traditional, or combined motion. Id. When a party files both a no-evidence and a traditional motion for summary judgment, we first consider the no-evidence motion. Ford Motor Co. v. Ridgway, 135 S.W.3d 598, 600 (Tex. 2004). III. Consideration for the Guaranty Agreements Appellants first argue that the trial court erred in granting summary judgment as to the guaranty agreements signed by Regicon, RJH I, Rodney, and Ryan, specifically stating that there was no conclusive proof that the agreements were supported by consideration.

“Consideration is a fundamental element of every valid contract.” Doskocil Mfg. Co., v.

Nguyen, No. 02-16-00382-CV, 2017 WL 2806322, at *6 (Tex. App.—Fort Worth June 29, 2017, no pet.) (mem. op.) (citing Fed. Sign v. Tex. S. Univ., 951 S.W.2d 401, 408 (Tex. 1997), superseded by statute on other grounds by Nazari v. State, 561 S.W.3d 495 (Tex. 2018)). “Consideration is a present exchange bargained for in return for a promise and consists of benefits and detriments to the contracting parties.” Id. (citing Roark v. Stallworth Oil & Gas, Inc., 813 S.W.2d 492, 496 (Tex. 1991)). “The detriments must induce the parties to make the promises, and the promises must induce the parties to incur the detriments.” Id. (citing Roark, 813 S.W.2d at 496).

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Iconic, LLC; Regicon, LLC; RJH I, LLC; Rodney J. Hayes; And Ryan J. Hayes v. Sangalli Private Ventures, LLC (Iconic, LLC; Regicon, LLC; RJH I, LLC; Rodney J. Hayes; And Ryan J. Hayes v. Sangalli Private Ventures, LLC) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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