Jerry Durant, Individually and as Co-Trustee of the Durant Management Trust, and Vickie D. Durant, as Co-Trustee of the Durant Management Trust v. Taylor Sheridan and Bosque Ranch Headquarters, LLC

CourtCourt of Appeals of Texas
DecidedJuly 24, 2025
Docket02-24-00321-CV
StatusPublished

This text of Jerry Durant, Individually and as Co-Trustee of the Durant Management Trust, and Vickie D. Durant, as Co-Trustee of the Durant Management Trust v. Taylor Sheridan and Bosque Ranch Headquarters, LLC (Jerry Durant, Individually and as Co-Trustee of the Durant Management Trust, and Vickie D. Durant, as Co-Trustee of the Durant Management Trust v. Taylor Sheridan and Bosque Ranch Headquarters, LLC) 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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Jerry Durant, Individually and as Co-Trustee of the Durant Management Trust, and Vickie D. Durant, as Co-Trustee of the Durant Management Trust v. Taylor Sheridan and Bosque Ranch Headquarters, LLC, (Tex. Ct. App. 2025).

Opinion

In the Court of Appeals Second Appellate District of Texas at Fort Worth ___________________________ No. 02-24-00321-CV ___________________________

JERRY DURANT, INDIVIDUALLY AND AS CO-TRUSTEE OF THE DURANT MANAGEMENT TRUST, AND VICKIE D. DURANT, AS CO-TRUSTEE OF THE DURANT MANAGEMENT TRUST, Appellants

V.

TAYLOR SHERIDAN AND BOSQUE RANCH HEADQUARTERS, LLC, Appellees

On Appeal from the 415th District Court Parker County, Texas Trial Court No. CV22-0414

Before Sudderth, C.J.; Bassel and Womack, JJ. Memorandum Opinion by Justice Womack MEMORANDUM OPINION

I. INTRODUCTION

This appeal stems from the Durant Management Trust’s January 2021 sale of

the Silverado1 ranch to Bosque Ranch Headquarters, LLC.2 Following that sale,

Bosque Ranch’s sole member, Taylor Sheridan, learned that the roof of the Silverado’s

main arena (the Arena) was leaking. Sheridan and Bosque Ranch later sued Jerry

Durant (Durant), individually and as co-trustee of the Durant Management Trust,

along with Vickie D. Durant (Vickie), as co-trustee of the Durant Management Trust,

for breach of contract among other causes of action. Following a five-day jury trial,

the jury found that the Durant Management Trust had breached the contract

providing for the sale of the Silverado (the Contract) and that the reasonable and

necessary costs to replace the Arena’s roof were $233,900. After the trial court

conducted a bench trial on attorney’s fees, it signed a final judgment awarding Bosque

Ranch—but not Sheridan—$233,900 in damages and $449,068.75 in attorney’s fees

against Durant, as co-trustee of the Durant Management Trust, but not in his

individual capacity.

1 Following the sale, the Silverado changed names. For ease of reference, we will simply refer to the property as “the Silverado” even when discussing events that took place after the sale. 2 Sometimes the record refers to “Bosque Ranch Headquarters, LLC,” while other times it refers to “Bosque Ranch Headquarters LLC.” We will simply refer to the entity as “Bosque Ranch.”

2 In four issues on appeal, Durant, as co-trustee of the Durant Management

Trust,3 argues that (1) the evidence is legally and factually insufficient to support the

jury’s finding that he breached the Contract; (2) the evidence is legally and factually

insufficient to support the jury’s finding of $233,900 as the reasonable and necessary

costs to replace the Arena’s roof; (3) the trial court erred by awarding any amount of

attorney’s fees; and (4) the evidence does not support the trial court’s award of

$449,068.75 in attorney’s fees. Because the evidence is legally and factually sufficient

to support the jury’s finding that Durant, as co-trustee of the Durant Management

Trust, breached the Contract, we will overrule his first issue. But because the

evidence is factually insufficient to support the jury’s finding of $233,900 as the

reasonable and necessary costs to replace the Arena’s roof, we will reverse the trial

court’s judgment and remand for a new trial on the liability and damages recoverable

for the alleged breach of the Contract by Durant, as co-trustee of the Durant

Management Trust. Because we are remanding the case for a new trial based on our

disposition of Durant’s second issue, we need not address his third and fourth issues

3 In the notice of appeal, the appellants were listed as Durant, individually and as co-trustee of the Durant Management Trust, and Vickie, as co-trustee of the Durant Management Trust. The notice of appeal also indicated that the appellees are Sheridan and Bosque Ranch. We styled this appeal accordingly. The appellant’s brief filed in this matter, however, listed a single appellant—Durant, as co-trustee of the Durant Management Trust—and a single appellee—Bosque Ranch. Bosque Ranch did not file its own notice of appeal.

3 concerning the trial court’s award of attorney’s fees, and we reverse the award of

attorney’s fees and remand the determination of such fees to the trial court.

II. BACKGROUND

A. The Durant Management Trust’s Ownership of the Silverado, the Silverado’s Arena, and the Employment of Brandon Bearden as the Silverado’s Ranch Manager

The Silverado is a ranch that sits on more than six hundred acres in Parker

County. Durant testified that he purchased an ownership interest in the Silverado

in 1998. While he initially owned only a partial interest in the Silverado, in or

around 2006 or 2007, Durant acquired full ownership. Sometime around 2015, the

Durant Management Trust was established, and Durant transferred ownership of the

Silverado to the Durant Management Trust.

During Durant’s and the Durant Management Trust’s ownership of the

Silverado, the Silverado hosted many horse shows. Those horse shows were held in

the Arena, an approximately fifty-five-thousand square foot structure on the

Silverado. The Arena included horse stalls, a loping arena, a show pen, judging

stands, bleachers, a restaurant, a bar, a dining room, a kitchen, apartments, offices,

and bathrooms.

Durant employed Brandon Bearden as the Silverado’s ranch manager.4

Bearden stated that his duties as ranch manager included overseeing horse shows,

Bearden estimated that he had been employed as the Silverado’s ranch 4

manager for five or six years before the sale to Bosque Ranch. Durant believed that

4 managing persons at the Silverado, and maintaining the Silverado. Bearden

acknowledged that, as the Silverado’s ranch manager, he was in charge of the Arena’s

roof. Bearden reported directly to Durant. According to Durant, Bearden was

supposed to report anything found wrong at the Silverado to him.

B. Sheridan’s Interest in Purchasing the Silverado, His Communications With Bearden and Durant Regarding the Silverado, and His Tours of the Silverado

Prior to the sale, Sheridan had participated in cutting horse events at the

Silverado and was interested in purchasing it. Around September or October 2020,

while visiting the Silverado, Sheridan had conversations with Bearden about his

interest in it.5 When Bearden informed Durant of Sheridan’s interest in the Silverado,

Durant offered to pay Bearden $250,000 if Bearden could get the property sold.6

Around October 2020, Sheridan called Timothy Stephen Reich, a real estate

broker who had previous dealings with him, regarding his interest in purchasing the

Silverado. Reich agreed to represent Sheridan with respect to the prospective

purchase.

Bearden had been employed as the Silverado’s ranch manager for two years before the sale. 5 Bearden testified that he had approached Sheridan about purchasing the Silverado, stating that he had assumed that Sheridan had a lot of money.

Bearden stated that Durant said that he would pay Bearden $250,000 if 6

Bearden “helped get rid of the ranch.”

5 Around that same time, Sheridan toured the Silverado with Reich and

Bearden.7 Durant asked Bearden if he could accompany them on the tour, but

Bearden told Durant that he would slow the group down.8 According to Durant, he

told Bearden to inform Sheridan of any defects to the property that Bearden knew

about. During the tour, the group rode around the Silverado’s grounds in a vehicle,

and they also walked through the Silverado’s various buildings, including the Arena.

At some point after that initial tour, Sheridan and Reich also toured the Silverado on

horseback.

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