Michael Shalit D/B/A Kimberly Investment Company, Lynzara-Austin Real Estate Management, LLC, as General Partner of Kendall County Development Company, L.P., and as General Partner of Tapatio Springs Real Estate Holdings, L.P., Robyn Real Estate Investments, L.P., Robyn Utility Investments, L.P., and Robyn Utility Investments Management, LLC v. Tapatio Springs Real Estate Holdings, L.P., Kendall County Development Company, L.P., Kendall County Utility Company, Inc., Tapatio Springs Utility Holdings, L.P., and Tapatio Springs Hospitality Holdings, L.P.

CourtCourt of Appeals of Texas
DecidedJuly 9, 2025
Docket04-24-00606-CV
StatusPublished

This text of Michael Shalit D/B/A Kimberly Investment Company, Lynzara-Austin Real Estate Management, LLC, as General Partner of Kendall County Development Company, L.P., and as General Partner of Tapatio Springs Real Estate Holdings, L.P., Robyn Real Estate Investments, L.P., Robyn Utility Investments, L.P., and Robyn Utility Investments Management, LLC v. Tapatio Springs Real Estate Holdings, L.P., Kendall County Development Company, L.P., Kendall County Utility Company, Inc., Tapatio Springs Utility Holdings, L.P., and Tapatio Springs Hospitality Holdings, L.P. (Michael Shalit D/B/A Kimberly Investment Company, Lynzara-Austin Real Estate Management, LLC, as General Partner of Kendall County Development Company, L.P., and as General Partner of Tapatio Springs Real Estate Holdings, L.P., Robyn Real Estate Investments, L.P., Robyn Utility Investments, L.P., and Robyn Utility Investments Management, LLC v. Tapatio Springs Real Estate Holdings, L.P., Kendall County Development Company, L.P., Kendall County Utility Company, Inc., Tapatio Springs Utility Holdings, L.P., and Tapatio Springs Hospitality Holdings, L.P.) 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
Michael Shalit D/B/A Kimberly Investment Company, Lynzara-Austin Real Estate Management, LLC, as General Partner of Kendall County Development Company, L.P., and as General Partner of Tapatio Springs Real Estate Holdings, L.P., Robyn Real Estate Investments, L.P., Robyn Utility Investments, L.P., and Robyn Utility Investments Management, LLC v. Tapatio Springs Real Estate Holdings, L.P., Kendall County Development Company, L.P., Kendall County Utility Company, Inc., Tapatio Springs Utility Holdings, L.P., and Tapatio Springs Hospitality Holdings, L.P., (Tex. Ct. App. 2025).

Opinion

Fourth Court of Appeals San Antonio, Texas MEMORANDUM OPINION

No. 04-24-00606-CV

MICHAEL SHALIT d/b/a KIMBERLY INVESTMENT COMPANY, Lynzara-Austin Real Estate Management, LLC, as General Partner of Kendall County Development Company, L.P., and as General Partner of Tapatio Springs Real Estate Holdings, L.P., Robyn Real Estate Investments, L.P., Robyn Utility Investments, L.P., and Robyn Utility Investments Management, LLC, Appellants

v.

TAPATIO SPRINGS REAL ESTATE HOLDINGS, L.P., Kendall County Development Company, L.P., Kendall County Utility Company, Inc., Tapatio Springs Utility Holdings, L.P., and Tapatio Springs Hospitality Holdings, L.P., Appellees

From the 451st Judicial District Court, Kendall County, Texas Trial Court No. 12-298B Honorable Kirsten Cohoon, Judge Presiding

Opinion by: Rebeca C. Martinez, Chief Justice

Sitting: Rebeca C. Martinez, Chief Justice Irene Rios, Justice Adrian A. Spears II, Justice

Delivered and Filed: July 9, 2025

AFFIRMED

Appellants Michael Shalit d/b/a Kimberly Investment Company, Lynzara-Austin Real

Estate Management, LLC, as General Partner of Kendall County Development Company, L.P.,

and as General Partner of Tapatio Springs Real Estate Holdings, L.P., Robyn Real Estate 04-24-00606-CV

Investments L.P., and Robyn Utility Investments, L.P., and Robyn Utility Investments

Management, LLC (collectively “the Shalit Entities”), appeal from a summary judgment granted

in favor of Tapatio Springs Real Estate Holdings, L.P., Kendall County Development Company,

L.P., Kendall County Utility Company, Inc., Tapatio Springs Utility Holdings, L.P., and Tapatio

Springs Hospitality Holdings, L.P. (collectively, the “Tapatio Entities”). In four issues, the Shalit

Entities complain that the trial court erred in granting the Tapatio Entities’ motion for traditional

summary judgment on limitations grounds and severance. We affirm.

I. BACKGROUND 1

Shalit and John and John J. Parker (collectively “the Parkers”) were business partners in a

real estate venture, but their relationship soured. On June 11, 2012, the Parkers sued Shalit,

alleging mismanagement on his part and asserting claims for breach of fiduciary duty, breach of

contract, and statutory fraud. The Parkers requested that a receiver be appointed over the Tapatio

Entities, and the trial court granted the Parkers’ request. On January 31, 2022, the Shalit Entities

counter-claimed against the Tapatio Entities, asserting claims for fraud, money had and received,

conspiracy, aiding and abetting, principal–agent liability, breach of contract, and promissory

estoppel. The Shalit Entities also sought declaratory relief.

The Tapatio Entities filed a motion for traditional summary judgment, arguing that all of

the Shalit Entities claims and requests for declaratory relief were barred by the four-year statute of

limitations. In support of their motion, the Tapatio Entities attached four loan documents that total

$7,300,000. The Tapatio Entities also sought a conditional severance. The Shalit Entities

1 The facts are well-known to the parties, and we will not recite them in detail. See TEX. R. APP. P. 47.1 (“The court of appeals must hand down a written opinion that is as brief as practicable but that addresses every issue raised and necessary to final disposition of the appeal.”), 47.4 (“If the issues are settled, the court should write a brief memorandum opinion no longer than necessary to advise the parties of the court's decision and the basic reasons for it.”).

-2- 04-24-00606-CV

responded by arguing that the Tapatio Entities acknowledged the debt, thereby precluding the

running of limitations. The trial court granted summary judgment, and the Shalit Entities timely

appealed.

II. DISCUSSION

A. Standard of Review

The movant for traditional summary judgment bears the burden of demonstrating that (1)

no genuine issue of material fact exists, and (2) it is entitled to judgment as a matter of law. TEX.

R. CIV. P. 166a(c); Provident Life & Accident Ins. Co. v. Knott, 128 S.W.3d 211, 216 (Tex. 2003);

KPMG Peat Marwick v. Harrison Cnty. Hous. Fin. Corp., 988 S.W.2d 746, 748 (Tex. 1999). If

the movant produces evidence entitling it to summary judgment, the burden shifts to the

nonmovant to respond to the motion and present any issues that would preclude summary

judgment. City of Houston v. Clear Creek Basin Auth., 589 S.W.2d 671, 678-79 (Tex. 1979); see

also Walker v. Harris, 924 S.W.2d 375, 377 (Tex. 1996). We must affirm a summary judgment if

any of the grounds asserted in the motion are meritorious. Tex. Workers’ Comp. Comm’n v. Patient

Advocates of Tex., 136 S.W.3d 643, 648 (Tex. 2004).

“[T]o obtain traditional summary judgment on a limitations defense, the defendant must

conclusively prove (1) when the cause of action accrued, and (2) that the plaintiff brought its suit

later than the applicable number of years thereafter — i.e., that “‘the statute of limitations has

run.’” Draughon v. Johnson, 631 S.W.3d 81, 89 (Tex. 2021) (quoting Knott, 128 S.W.3d at 220).

B. Acknowledgement

In this case, the Shalit Entities do not dispute that the statute of limitations ran on all of

their claims. Nevertheless, in the Shalit Entities first issue, they contend that summary judgment

-3- 04-24-00606-CV

was improper because the Tapatio Entities acknowledged the loans that formed the basis of their

claims.

“An acknowledgment of the justness of a claim that appears to be barred by limitations is

not admissible in evidence to defeat the law of limitations if made after the time that the claim is

due unless the acknowledgment is in writing and is signed by the party to be charged.” TEX. CIV.

PRAC. & REM. CODE ANN. § 16.065. “Texas courts have consistently interpreted this statute to

require that an agreement: 1) be in writing and signed by the party to be charged; 2) contain an

unequivocal acknowledgment of the justness or the existence of the particular obligation; and 3)

refer to the obligation and express a willingness to honor that obligation.” Stine v. Stewart, 80

S.W.3d 586, 591 (Tex. 2002) (per curiam) (citations omitted). The Texas Supreme Court has held:

A pleading of acknowledgment must be made “upon the new promise” and “must declare upon it as [the] cause of action, in order to avoid respondents’ plea of limitation.” “The correct practice is either (1) to quote the writing alleged to constitute the new promise, or (2) to attach it to the pleading as an exhibit.”

DeRoeck v. DHM Ventures, LLC, 556 S.W.3d 831, 834-35 (Tex. 2018) (quoting Hanley v. Oil

Capital Broad. Ass’n, 141 Tex. 243, 246, 171 S.W.2d 864, 866 (1943)). Under these rules, “[a]

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Related

In Re the Marriage of Harrison
310 S.W.3d 209 (Court of Appeals of Texas, 2010)
In the Interest of B.I.V.
870 S.W.2d 12 (Texas Supreme Court, 1994)
City of Houston v. Clear Creek Basin Authority
589 S.W.2d 671 (Texas Supreme Court, 1979)
Stine v. Stewart
80 S.W.3d 586 (Texas Supreme Court, 2002)
Massey v. Armco Steel Co.
652 S.W.2d 932 (Texas Supreme Court, 1983)
Payne v. Miller
229 S.W.2d 857 (Court of Appeals of Texas, 1950)
Provident Life & Accident Insurance Co. v. Knott
128 S.W.3d 211 (Texas Supreme Court, 2003)
KPMG Peat Marwick v. Harrison County Housing Finance Corp.
988 S.W.2d 746 (Texas Supreme Court, 1999)
Walker v. Harris
924 S.W.2d 375 (Texas Supreme Court, 1996)
Hanley v. Oil Capital Broadcasting Ass'n
171 S.W.2d 864 (Texas Supreme Court, 1943)

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Michael Shalit D/B/A Kimberly Investment Company, Lynzara-Austin Real Estate Management, LLC, as General Partner of Kendall County Development Company, L.P., and as General Partner of Tapatio Springs Real Estate Holdings, L.P., Robyn Real Estate Investments, L.P., Robyn Utility Investments, L.P., and Robyn Utility Investments Management, LLC v. Tapatio Springs Real Estate Holdings, L.P., Kendall County Development Company, L.P., Kendall County Utility Company, Inc., Tapatio Springs Utility Holdings, L.P., and Tapatio Springs Hospitality Holdings, L.P., Counsel Stack Legal Research, https://law.counselstack.com/opinion/michael-shalit-dba-kimberly-investment-company-lynzara-austin-real-texapp-2025.