JLV Asset Management, Inc. F/K/A Cheeves Bros. Steak House, Inc. v. the Chicken Place, Inc.

Texas Court of Appeals, 7th District (Amarillo)·Decided March 12, 2026·No. 07-24-00346-CV·Published

Opinion

In The

Court of Appeals

Seventh District of Texas at Amarillo

No. 07-24-00346-CV

JLV ASSET MANAGEMENT, INC. F/K/A CHEEVES BROS. STEAK HOUSE, INC., APPELLANT

V.

THE CHICKEN PLACE, INC., APPELLEE

On Appeal from the 146th District Court Bell County, Texas1

Trial Court No. 300,267, Honorable Jack Weldon Jones, Presiding

March 12, 2026

MEMORANDUM OPINION

Before PARKER, C.J., and DOSS and YARBROUGH, JJ.

How do you measure a year? The writer of Rent famously proposed 525,600 minutes.2 In this case, the answer depends not on the number of daylights, or sunsets, or even cups of coffee, but on how the parties use the surrounding terms.

1 This cause was originally filed in the Third Court of Appeals and was transferred to this Court by

a docket-equalization order of the Supreme Court of Texas. See TEX. GOV’T CODE § 73.001. In the event of any conflict, we apply the transferor court’s case law. TEX. R. APP. P. 41.3.

2 Jonathan Larson, Rent: The Complete Book and Lyrics of the Broadway Musical 88 (Applause

Theatre & Cinema Books 2008) (song “Seasons of Love”).

Appellant, JLV Asset Management, Inc. f/k/a Cheeves Bros. Steak House, Inc., sold a restaurant to Appellee, The Chicken Place, Inc. Their promissory note, effective January 2, 2017, offered a $250,000 discount if paid “within one year of the Effective Date.” The Chicken Place paid on January 2, 2018. JLV refused the discount, insisting payment was one day late. Trial was held before a jury, who found in favor of The Chicken Place.

JLV appeals from the judgment awarding The Chicken Place damages for the discount and for unreimbursed gift cards. In four issues, JLV argues the trial court erred by submitting contract construction issues to the jury, that no evidence supports the jury’s finding, that a mistrial should have been granted based on juror misconduct, and that the evidence was insufficient to support the jury’s award for gift card reimbursement. The Chicken Place raises one issue challenging the denial of certain attorney’s fees but filed no notice of cross-appeal. We affirm on all issues.

Facts

JLV sold its restaurant to The Chicken Place under a Purchase of Business Agreement. As part of the transaction, JLV agreed to owner-finance a portion of the sale. The financing required The Chicken Place to sign a promissory note, effective January 2, 2017, for the principal amount of $1.25 million. That note contained a discount provision: “Lender agrees to discount the note $250,000.00 if the Borrower pays off the note in full within one year of the Effective Date of note or $125,000.00 if the Borrower pays off the note in full within the second year of the Effective Date of note.”

The purchase agreement addressed gift cards. The Chicken Place agreed to honor gift cards sold under JLV’s ownership. In return, JLV agreed to reimburse The Chicken Place for all gift cards honored during the two years following closing. The Chicken Place was required to submit gift cards and sales receipts on a quarterly basis; JLV was required to reimburse those amounts within thirty days of receipt.

On January 2, 2018, The Chicken Place paid the note in full and claimed the $250,000 discount. JLV disagreed, allowing only a discount of ten percent of the remaining balance.3 In JLV’s view, “within one year” of January 2, 2017 meant payment by January 1, 2018; thus, the January 2 payment was a day late.

The gift card reimbursements found their own dispute. The Chicken Place submitted gift card receipts for eight quarters. JLV paid the first quarter’s reimbursement. After some dispute over the second quarter’s documentation, JLV sent an email following the fourth quarter thanking The Chicken Place for its submission method and agreeing to the amounts and criteria used for quarters three and four. The Chicken Place continued submitting reimbursement requests the same way. JLV never paid another reimbursement after the first and second quarter. It never told The Chicken Place why.

The Chicken Place sued. Both parties submit the promissory note and Purchase Agreement are unambiguous, but they disagree about what “within a year” meant. They also disagree about whether The Chicken Place properly documented its gift card submissions. The trial court denied all parties’ summary judgment motions and submitted

3 There is no dispute the discount applied is inconsistent with the note.

those questions to the jury. The jury found for The Chicken Place, awarding damages for both the unpaid discount and the gift card reimbursements.

After the verdict but before judgment, JLV moved for mistrial based on juror misconduct. During voir dire, potential jurors had been asked whether any of them knew Blake Van Dusen, son of JLV’s shareholder and the restaurant’s manager at the time of sale. No one responded. Blake testified at trial. Afterward, he told JLV’s attorney that he recognized juror Michael Egbert.

At the hearing on JLV’s motion, Blake testified he was an acquaintance of Egbert.

He knew Egbert’s mother-in-law because he had purchased property from her. At least a year before trial, Egbert’s wife had accused Blake of trespassing on that property. A few months before trial, Egbert’s mother-in-law invited Blake and his children to Egbert’s son’s birthday party, where Blake and Egbert had a brief conversation about preschool.

Juror Egbert also took the stand. He testified he knew that someone named Blake had bought property from his mother-in-law, but he left his wife’s family’s property matters to his wife. He recalled speaking with Blake at the birthday party but never knew Blake’s last name was Van Dusen. And he testified he did not recognize Blake as the same person when Blake testified at trial.

The court denied the mistrial motion and rendered judgment for The Chicken Place. JLV appealed.

ANALYSIS

A. Contract Interpretation and Sufficiency of the Evidence

In its first two issues, JLV argues the trial court erred by submitting contract construction to the jury and that no evidence supports the jury’s finding. These issues are related, so we address them together.

1. Standard of Review

A review for legal sufficiency considers the evidence in the light most favorable to the challenged finding and indulges every reasonable inference supporting it. City of Keller, 168 S.W.3d at 822, 827. A finding is supported if more than a scintilla of evidence exists. Gharda USA, Inc. v. Control Sols., Inc., 464 S.W.3d 338, 347 (Tex. 2015). For factual sufficiency, we set aside a finding only if the credible evidence supporting it is so weak, or so contrary to the overwhelming weight of all evidence, that a new trial should be ordered. Crosstex N. Tex. Pipeline, L.P. v. Gardiner, 505 S.W.3d 580, 615 (Tex. 2016).

Whether a contract is ambiguous and how to interpret unambiguous provisions are questions of law we review de novo. URI, Inc. v. Kleberg County, 543 S.W.3d 755, 763 (Tex. 2018). A contract is not ambiguous merely because the parties disagree about its meaning. Id. Because the construction of an unambiguous contract is a question of law, a trial court errs in submitting that question to the jury. Grohman v. Kahlig, 318 S.W.3d 882, 887 (Tex. 2010). That error is harmless, however, if the jury answers the question as the court should have. Id.; TEX. R. APP. P. 44.1(a)(1).

Contract interpretation is a holistic exercise. Apache Deepwater, LLC v. McDaniel Partners, Ltd., 485 S.W.3d 900, 906 (Tex. 2016); Hysaw v. Dawkins, 483 S.W.3d 1, 8

(Tex. 2016). We examine the entire writing, harmonizing its provisions so that none becomes meaningless. J.M. Davidson, Inc. v. Webster, 128 S.W.3d 223, 229 (Tex. 2003). No single provision controls. Id. We also approach the task practically, keeping in mind the purpose the contract was designed to serve. Lenape Res. Corp. v. Tenn. Gas Pipeline Co., 925 S.W.2d 565, 574 (Tex. 1996).

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JLV Asset Management, Inc. F/K/A Cheeves Bros. Steak House, Inc. v. the Chicken Place, Inc., (Tex. Ct. App. 2026).

JLV Asset Management, Inc. F/K/A Cheeves Bros. Steak House, Inc. v. the Chicken Place, Inc. (JLV Asset Management, Inc. F/K/A Cheeves Bros. Steak House, Inc. v. the Chicken Place, Inc.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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