John Dean v. Max L. Gouverne and Ramakrishna Mulukutla

CourtCourt of Appeals of Texas
DecidedJanuary 19, 2001
Docket03-00-00144-CV
StatusPublished

This text of John Dean v. Max L. Gouverne and Ramakrishna Mulukutla (John Dean v. Max L. Gouverne and Ramakrishna Mulukutla) 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.

Bluebook
John Dean v. Max L. Gouverne and Ramakrishna Mulukutla, (Tex. Ct. App. 2001).

Opinion

TEXAS COURT OF APPEALS, THIRD DISTRICT, AT AUSTIN



NO. 03-00-00144-CV

John Dean, Appellant


v.


Max L. Gouverne and Ramakrishna Mulukutla, Appellees



FROM THE DISTRICT COURT OF TOM GREEN COUNTY, 119TH JUDICIAL DISTRICT

NO. B-98-0297-C, HONORABLE BARBARA L. WALTHER, JUDGE PRESIDING


Appellant John Dean appeals the judgment of the trial court in favor of appellees Dr. Max L. Gouverne and Dr. Ramakrishna Mulukutla (collectively "the doctors") in Dean's suit on a promissory note. The case was tried to the court without a jury, following which the trial court rendered a take-nothing judgment against Dean.(1) Findings of fact and conclusions of law were filed by the trial court. On appeal, Dean asserts that the doctors, as partners in a partnership, agreed to assume the debt of the corporation, which acted as managing partner, and that the partnership agreement was retroactive to the day before the closing on the promissory note. We will affirm the judgment of the trial court.

FACTUAL AND PROCEDURAL BACKGROUND

In 1993, Red Line Burgers, Inc. (hereinafter "the Corporation") owned and operated fast-food restaurants in the State of Texas. On September 3, 1993, the Corporation contracted to purchase three drive-through hamburger restaurants, two in San Angelo and one in Abilene, that were owned by Hamburgers Unlimited, Inc., of which John Pearcy was the president. The closing of the sale of these restaurants was on September 28, 1993. At the closing, a note (hereinafter the "Pearcy note") in the amount of $411,951.13 and dated September 17, 1993 was signed by Charles Hatch as president of the Corporation for the purchase of the three restaurants. The payee of this note was Hamburgers Unlimited, Inc.

Some months after the purchase of the restaurants, the Corporation decided that it needed capital to convert the three restaurants from their previous status as "Short Stop" Restaurants to operate under the name and signage of "Red Line." Because the Corporation needed between $100,000 and $200,000 of additional capital to do that, it formed a partnership known as Red Line/West Texas Joint Venture (hereinafter "the Partnership"). When the Partnership was established, the agreement was that individuals would loan money to the Partnership and that the Corporation would supply, for the use of the Partnership, the three restaurants it had previously purchased with the Pearcy note. The Partnership also agreed that the Corporation would operate the restaurants as managing partner for the Partnership and that the Partnership would share the profits and losses. Dr. Mulukutla loaned $30,000 to the Partnership and Dr. Gouverne loaned $100,000 to the Partnership. There were other doctors involved in funding the Partnership, but they were not parties to this suit. The partnership agreement was signed by the appellees on January 24, 1994.

The partnership agreement stated that the purpose of the Partnership was to "acquire, develop and operate double drive-through hamburger restaurants in . . . West Texas." In the first paragraph of the agreement, the Corporation was named the managing general partner of the Partnership. Article 8 of the agreement provided that the managing general partner alone had "full, exclusive and complete authority and discretion to manage, control and direct, and shall make all decisions affecting the partnership, the operation of the restaurants . . . except as otherwise stated in this article." (Emphasis added.) The authority of the managing general partner was expressly restricted in section 8.5 of the agreement as follows:

Without the prior consent of the Non-Managing General Partners . . . the Managing General Partner shall not:

. . . .

(g) Pledge, mortgage or otherwise hypothecate any assets of the Partnership as security for any loan to the Partnership without the written consent of the Non-Managing General Partners;

(h) Enter into any contract or agreement to purchase or sell on behalf of the Partnership any property, except in the ordinary course of business of the Partnership;

(i) Enter into any contract or agreement to borrow on behalf of the Partnership from any person or entity any funds, except for credit accounts with trade vendors opened in the ordinary course of business of the Partnership;

(j) Execute and deliver any promissory note, negotiable instrument, assignment, deed, conveyance, pledge, deed of trust, mortgage, security agreement, brokerage or commission agreement, instrument or document of any kind or nature purporting to bind the Partnership; . . .

(Emphasis added.)

According to the doctors, the restaurants were purchased by the Corporation and were never transferred to any other entity. The Partnership did not exist when the Corporation purchased the restaurants.

In January 1995 the partners transferred their interests in the Partnership in exchange for stock in a new corporation, Red Line Burgers, Inc., a Nevada corporation. The operation of the restaurants did not go well, and on August 21, 1995 the Partnership filed a voluntary bankruptcy petition. This was part of a bankruptcy proceeding that was filed by Hatch as president of Red Line Burgers Inc., the managing general partner of the Partnership. The Partnership filed its bankruptcy petition in coordination with a bankruptcy proceeding the Corporation filed for itself and the Corporation's numerous other joint ventures, including the Nevada corporation. In the Partnership's petition, the purpose of the Partnership was listed as "Operates Red Line Burgers Restaurants."

During this time, Pearcy endorsed the note over to Dean, and Dean foreclosed on the collateral. At the foreclosure sale, Dean bought the Pearcy note. Hatch listed the Pearcy note as a debt in the bankruptcy proceeding, which was extinguished when the bankruptcy plan was confirmed. The Partnership was ultimately dismissed from bankruptcy for various administrative reasons, and a Nunc Pro Tunc Order was entered in the bankruptcy court as to Red Line Burgers Inc.

Dean appeals the judgment of the trial court by fifteen issues. His general complaints are that (1) the Partnership agreed to assume the debt of Red Line Burgers, Inc. and (2) there was a retroactive creation of an agency for an undisclosed principal. For convenience, the issues will be considered as much as possible in groups with the same general complaint and standard of review.

STANDARD OF REVIEW

A trial court's findings of fact are reviewable for legal and factual sufficiency of the evidence by the same standards that are applied in reviewing the legal and factual sufficiency of the evidence to support a jury verdict. Anderson v. City of Seven Points, 806 S.W.2d 791, 794 (Tex. 1991). The standards for review of legal and factual sufficiency are well established. A party attempting to overcome an adverse fact finding as a matter of law must surmount two hurdles. First, the record must be examined for evidence that supports the finding, while ignoring all evidence to the contrary.

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John Dean v. Max L. Gouverne and Ramakrishna Mulukutla, Counsel Stack Legal Research, https://law.counselstack.com/opinion/john-dean-v-max-l-gouverne-and-ramakrishna-mulukut-texapp-2001.