Moore Family First Property Company, LLC, as General Partner To, Fain Family First Limited Partnership v. Fain Property Company, LLC, Fain Family Management Corporation, Quail Ridge Management Corporation, Double Gun Hunting Lease, and Rickey M. Fain

Texas Court of Appeals, 10th District (Waco)·Decided August 27, 2026·No. 10-24-00250-CV·Published

Opinion

Court of Appeals

Tenth Appellate District of Texas

10-24-00250-CV

Moore Family First Property Company, LLC, as General Partner to, Fain Family First Limited Partnership, Appellant

v.

Fain Property Company, LLC, Fain Family Management Corporation, Quail Ridge Management Corporation, Double Gun Hunting Lease, and Rickey M. Fain,

Appellees

On appeal from the

18th District Court of Somervell County, Texas Judge Sydney B. Hewlett, presiding Trial Court Cause No. C10851

JUSTICE HARRIS delivered the opinion of the Court.

MEMORANDUM OPINION

Appellant Moore Family First Property Company, LLC, [Moore Family First] as general partner to Fain Family First Limited Partnership appeals from the trial court’s final judgment in favor of Appellees Fain Property Company, LLC, Fain Family Management Corporation, Quail Ridge Management Corporation, Double Gun Hunting Lease, and Rickey M. Fain.

In three issues, Moore Family First argues that the trial court erred in granting Appellees’ motion for summary judgment and in denying Moore Family First’s motion for new trial. We affirm the trial court’s judgment.

Factual and Procedural Background Dr. Rickey Fain, a retired family doctor, is the father of Katherine Moore. In 1998, Dr. Fain formed the Fain Family First Limited Partnership [Limited Partnership] and deeded his assets to the Limited Partnership. At the formation of the Limited Partnership, Dr. Fain owned an 89% limited partner interest, and Katherine received a 10% limited partner interest. Appellee Fain Property Company, LLC [Fain Property] received a 1% general partner interest in the Limited Partnership. Dr. Fain is the sole member of Fain Property.

In 2012, Dr. Fain gifted his entire 89% limited partner interest to Katherine. Fain Property remained as the sole general partner of the Limited Partnership. Also in 2012, the Limited Partnership financed and built a home for Katherine and her family on the ranch owned by the Limited Partnership. Dr. Fain continued to manage the Limited Partnership, but Katherine and her husband participated in running the Limited Partnership under Dr. Fain’s mentorship.

Dr. Fain does not receive compensation for his management of the Limited Partnership. He pays for his expenses using Appellee Quail Ridge Management Corporation’s [Quail Ridge] resources. Quail Ridge manages the rental property owned by the Limited Partnership. Dr. Fain made a loan to Quail Ridge, and he reduces the amount of the loan based upon the expenditures covered by Quail Ridge.

Dr. Fain and Katherine began having disagreements over management of the Limited Partnership. Katherine became concerned that Dr. Fain was pledging Limited Partnership assets as security for property that was not part of the Limited Partnership. On May 19, 2022, Katherine voted her limited partnership interest to remove Fain Property as general partner. Katherine formed Moore Family First, with her as the sole owner, and appointed Moore Family First as the general partner of the Limited Partnership. Katherine notified Dr. Fain and Fain Property of the removal of Fain Property as general partner, and she provided notification that the management agreements between the Limited Partnership and Quail Ridge were terminated.

Also on May 19, 2022, Moore Family First filed suit against the Appellees, seeking declaratory relief confirming Fain Property’s removal and Moore Family First’s appointment as general partner of the Limited

Partnership. Moore Family First also sought injunctive relief to prevent Fain Property from interfering with Moore Family First’s partnership operations. Appellees answered and also filed a counterclaim against Moore Family First and added Katherine as a third-party defendant. Appellees’ suit included claims for fraud, breach of the Partnership Agreement, breach of fiduciary duty, and tortious interference with existing contracts. Appellees further sought a declaratory judgment to invalidate the removal of Fain Property and appointment of Moore Family First as general partner of the Limited Partnership and to invalidate the termination of the management agreements between the Limited Partnership and Quail Ridge.

On October 3, 2022, Appellees filed a motion for summary judgment on their breach of contract and declaratory judgment claims. After a hearing, the trial court granted Appellees’ motion for summary judgment on December 15, 2022. On February 22, 2023, Appellees filed a motion for partial summary judgment on the cancellation of the contracts between the Limited Partnership and Quail Ridge. The parties reached a Rule 11 Agreement that granted relief on the Quail Ridge contracts but provided that if Moore Family First successfully appealed the December 15, 2022, order granting summary judgment, the Quail Ridge ruling would automatically be reversed and be of no further force and effect. On June 9, 2023, the trial

court signed an order granting the Appellees’ Partial Motion for Summary Judgment in accordance with the Rule 11 agreement.

The trial court signed a final judgment on June 3, 2024, declaring that the actions of Moore Family First and Katherine in attempting to remove Fain Property as general partner of the Limited Partnership were inconsistent and not authorized by the Partnership Agreement and that, as a result, Fain Property remains as the general partner of the Limited Partnership. The final judgment also declared that the actions of Moore Family First and Katherine in attempting to appoint Moore Family First as general partner of the Limited Partnership were inconsistent and not authorized by the Partnership Agreement and that, as a result, Moore Family First is not the general partner of the Limited Partnership. The trial court’s judgment further granted Appellees’ claims for declaratory relief relating to the Quail Ridge contracts. Moore Family First and Katherine filed a motion for new trial that was overruled by operation of law. This appeal ensued.

Issues One and Two

In the first and second issues, Moore Family First argues that the trial court erred by granting summary judgment in favor of Appellees.

Standard of Review and Applicable Law “We review an order granting summary judgment de novo, taking as true all evidence favorable to the nonmovant and indulging every reasonable inference in the nonmovant’s favor.” JLB Builders, L.L.C. v. Hernandez, 622 S.W.3d 860, 864 (Tex. 2021) (citing Valence Operating Co. v. Dorsett, 164 S.W.3d 656, 661 (Tex. 2005)). “When reviewing a traditional motion for summary judgment, we must determine whether the movant met its burden to establish that no genuine issue of material fact exists and that the movant is entitled to judgment as a matter of law.” James v. Young, No. 10-17- 00346-CV, 2018 WL 1631636, at *2 (Tex. App.—Waco Apr. 4, 2018, no pet.) (mem. op.) (citing TEX. R. CIV. P. 166a(c); Sw. Elec. Power Co. v. Grant, 73 S.W.3d 211, 215 (Tex. 2002)). Once the movant produces sufficient evidence to establish the right to summary judgment, the nonmovant must present evidence sufficient to raise a fact issue. Centeq Realty, Inc. v. Siegler, 899 S.W.2d 195, 197 (Tex. 1995).

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Moore Family First Property Company, LLC, as General Partner To, Fain Family First Limited Partnership v. Fain Property Company, LLC, Fain Family Management Corporation, Quail Ridge Management Corporation, Double Gun Hunting Lease, and Rickey M. Fain, (Tex. Ct. App. 2026).

Moore Family First Property Company, LLC, as General Partner To, Fain Family First Limited Partnership v. Fain Property Company, LLC, Fain Family Management Corporation, Quail Ridge Management Corporation, Double Gun Hunting Lease, and Rickey M. Fain (Moore Family First Property Company, LLC, as General Partner To, Fain Family First Limited Partnership v. Fain Property Company, LLC, Fain Family Management Corporation, Quail Ridge Management Corporation, Double Gun Hunting Lease, and Rickey M. Fain) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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