In Re Frost Bank v. the State of Texas

Court of Appeals of Texas·Decided November 6, 2024·No. 04-24-00491-CV·Published

Opinion

Fourth Court of Appeals San Antonio, Texas MEMORANDUM OPINION

No. 04-24-00491-CV

IN RE FROST BANK, Relator

Original Proceeding 1

Opinion by: Lori Massey Brissette, Justice

Sitting: Rebeca C. Martinez, Chief Justice Beth Watkins, Justice Lori Massey Brissette, Justice

Delivered and Filed: November 6, 2024

PETITION FOR WRIT OF MANDAMUS CONDITIONALLY GRANTED

In this original proceeding, Relator Frost Bank asserts the trial court abused its discretion

when it denied Relator’s Rule 91a motion to dismiss. We agree and conditionally grant Relator’s

petition for writ of mandamus.

BACKGROUND

In the underlying matter, UBA Pharmacy, LLC (“UBA”) has asserted claims of negligent

misrepresentation and civil conspiracy against Frost Bank relating to a 2018 construction loan

agreement between the parties. In the recitation of facts below, and only for the purposes of this

1 This proceeding arises out of Cause No. 2023-CI-02298, styled UBA Pharmacy, LLC v. PNL Invest, LLC and Frost Bank, pending in the 57th Judicial District Court, Bexar County, Texas, the Honorable Cynthia Marie Chapa presiding. 04-24-00491-CV

analysis, we take as true the allegations made by Real Party in Interest’s second amended petition.

See Vasquez v. Legend Nat. Gas III, LP, 492 S.W.3d 448, 450 (Tex. App.—San Antonio 2016,

pet. denied) (citing TEX. R. CIV. P. 91a.1)

In June of 2018, Chibueze G. Ubabuike and his wife Godgift Ubabuike met with Frost

Bank to ascertain whether Frost Bank would finance a construction loan for UBA, a pharmacy

business owned by Mr. Ubabuike. UBA sought an $800,000 construction loan to build on land it

already owned. Frost Bank ultimately approved a loan for $1,028,000, which included amounts

used to pay off the outstanding loan balance from the purchase of the land.

The Ubabuikes informed Frost Bank that UBA would need a long-term loan of 20-25 years

to pay that amount of debt. Frost Bank then represented to the Ubabuikes that the approved

construction loan would be a two-step process. First, UBA and Frost Bank would execute a loan

with monthly payments based on a 300-month amortization period, with a ballon payment for all

amounts still due on March 22, 2022. Frost Bank then promised that, prior to the balloon payment

deadline, it would agree to a refinancing loan that would pay off the outstanding balance of the

original loan and would provide a long-term payment schedule. Frost Bank made this promise

knowing that UBA would not otherwise be able to afford the scheduled balloon payment and that

UBA would not have executed the construction loan without Frost Bank’s promise to refinance

the construction loan.

On or about January 27, 2022, as the deadline to pay the balloon loan approached, UBA

asked Frost Bank when the promised long term refinancing loan would be executed. Frost Bank

responded that it was not going to make that loan. Frost Bank extended the maturity date of the

balloon note from March 22, 2022 to November 22, 2022, but then sold the construction loan and

assigned the security for same to PNL Invest LLC in June 2022. When Frost Bank did so, it knew

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that UBA could not make the required balloon payment, putting at risk the real property used to

secure the loan. PNL Invest LLC has since foreclosed on the construction loan and sued UBA and

the Ubabuikes (as guarantors of the construction loan) for the remaining balance due.

On February 3, 2023, UBA filed suit against PNL Invest LLC. On December 11, 2023,

UBA filed its first amended petition which added Frost Bank as a defendant. On February 8, 2024,

Frost Bank filed a Rule 91a motion to dismiss challenging the claims brought against it by UBA.

UBA then filed a second amended petition and voluntarily non-suited certain claims. On March

20, 2024, when the motion to dismiss was heard, UBA’s only remaining claims against Frost Bank

were for negligent misrepresentation and civil conspiracy. On May 8, 2024, the trial court signed

an order denying the Rule 91a motion.

REQUIREMENTS FOR GRANTING A WRIT OF MANDAMUS

“Mandamus relief is warranted when the trial court clearly abused its discretion and the

relator has no adequate appellate remedy.” In re Coppola, 535 S.W.3d 506, 508 (Tex. 2017) (orig.

proceeding) (per curiam) (citing In re Prudential Ins. Co. of Am., 148 S.W.3d 124, 135–36 (Tex.

2004) (orig. proceeding)). “A trial court also abuses its discretion if it fails to analyze or apply the

law correctly.” In re Sanders, 153 S.W.3d 54, 56 (Tex. 2004) (orig. proceeding) (per curiam)

(citing Walker v. Packer, 827 S.W.2d 833, 839–40 (Tex. 1992) (orig. proceeding)). “Mandamus

relief is appropriate when the trial court abuses its discretion in denying a Rule 91a motion to

dismiss.” In re Farmers Tex. Cnty. Mut. Ins. Co., 621 S.W.3d 261, 266 (Tex. 2021) (orig.

proceeding) (citing In re Essex Ins. Co., 450 S.W.3d 524, 528 (Tex. 2014) (orig. proceeding)).

APPLICABLE LAW

“Under Rule 91a, a party may move for dismissal on the ground that a cause of action has

no basis in law.” In re Farmers, 621 S.W.3d at 266. “A cause of action has no basis in law if the

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allegations, taken as true, together with inferences reasonably drawn from them, do not entitle the

claimant to the relief sought.” TEX. R. CIV. P. 91a.1. “In ruling on a Rule 91a motion to dismiss, a

court may not consider evidence but ‘must decide the motion based solely on the pleading of the

cause of action, together with any [permitted] pleading exhibits.’” In re Farmers, 621 S.W.3d at

266 (brackets in original) (quoting TEX. R. CIV. P. 91a.6). “We review the merits of a Rule 91a

motion de novo.” Strickland v. iHeartMedia, Inc., 665 S.W.3d 739, 741 (Tex. App.—San Antonio

2023, pet. denied) (quoting City of Dallas v. Sanchez, 494 S.W.3d 722, 724 (Tex. 2016) (per

curiam)). “Under Rule 91a, we consider whether the pleadings, liberally construed, allege

sufficient facts to affirmatively demonstrate that the pleader is entitled to the relief requested.” Id.

(citing Sanchez, 494 S.W.3d at 724–25).

ANALYSIS

Frost Bank contends the trial court abused its discretion in denying its Rule 91a motion

because UBA failed to allege that Frost Bank misrepresented an existing fact—a required element

of a negligent misrepresentation claim. We agree.

Negligent Misrepresentation Claim

“The negligent-misrepresentation elements are: (1) the defendant made a representation in

the course of its business or in a transaction in which it has a pecuniary interest; (2) the

representation conveyed “false information” for the guidance of others in their business; (3) the

defendant did not exercise reasonable care or competence in obtaining or communicating the

information; and (4) the plaintiff suffers pecuniary loss by justifiably relying on the

representation.” Wal-Mart Stores, Inc.

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