Pu Chang Tsai v. Han Kuei Su and Sun Cha Su

CourtCourt of Appeals of Texas
DecidedAugust 19, 2010
Docket01-09-00096-CV
StatusPublished

This text of Pu Chang Tsai v. Han Kuei Su and Sun Cha Su (Pu Chang Tsai v. Han Kuei Su and Sun Cha Su) 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
Pu Chang Tsai v. Han Kuei Su and Sun Cha Su, (Tex. Ct. App. 2010).

Opinion

Opinion issued August 19, 2010

In The

Court of Appeals

For The

First District of Texas

————————————

NO. 01-09-00096-CV

———————————

Pu Chang Tsai, Appellant

V.

Han Kuei Su and Sun Cha Su, Appellees

On Appeal from the 129th District Court

Harris County, Texas

Trial Court Case No. 2000-38080

MEMORANDUM OPINION

          This lawsuit arises out of the demise of a business relationship that involved the ownership and operation of Mantai Shrimp Farm, Inc. (Mantai) in Aransas County, Texas among plaintiffs-appellees Han Kuei Su and Sun Cha Su, appellant Pu Chang Tsai, and Rong Dong Liao.  After Tsai sued for alleged mishandling of the business, Tsai and the Sus signed a mediated settlement agreement (MSA) on March 10, 2001 intending to resolve their dispute by dividing the business’s assets and liabilities.  Despite the settlement, however, Tsai did not dismiss his lawsuit.  In addition, challenges to the meaning of certain of the MSA’s terms resulted in three arbitration rulings, issued on June 11, 2001, January 31, 2002, and June 5, 2007, respectively. 

When Tsai still failed to perform under the MSA, the Sus counterclaimed for breach of the MSA and moved the trial court for summary judgment on that counterclaim.  Tsai appeals the trial court’s summary judgment in favor of the Sus.  He first contends that the trial court exceeded its authority to confirm an arbitration award.  Tsai further complains that the trial court’s judgment impermissibly deviates from the terms of the arbitration awards by (a) converting Tsai’s obligation to assume a debt into a requirement to pay a debt; (b) requiring Tsai to pay Su’s attorney the specified sum before, rather than after, the Sus convey their right, title, and interests in the Mantai Shrimp Farm; (c) denying Tsai the right to offset the debt to Liao against any potential recovery from Liao; (d) awarding the Sus post-judgment interest on the arbitration award and their attorney’s fees in connection with the summary judgment proceedings; and (e) appointing the Sus’ counsel as trustee of the proceeds.  We conclude that the trial court judgment amounts to confirmation of the arbitration awards except to the extent it awards the Sus their attorney’s fees and post-judgment interest.  We therefore modify the judgment to omit the attorney’s fees and post-judgment interest awards and, as modified, affirm.

Background

Tsai, the Sus, and Liao embarked on a business plan involving the finance and operation of Mantai Shrimp Farm, Inc.  The “Liao debt” refers to a $100,000 promissory note executed by Mr. Su, payable to Liao.  Liao used Su’s note toward payment of a purchase money promissory note to Copano Ranch, Inc., from which Mantai originally acquired the property.  Liao, in turn, executed a promissory note and deed of trust lien naming Mantai as beneficiary.  The promissory note provides:

If Maker defaults in the payment of this note or in the performance of any obligation in any instrument securing or collateral to it, . . . then Payee may declare the unpaid principal balance and earned interest on this Note immediately due, and Payee’s sole remedy is to reclaim the property as provided in the Deed of Trust executed on this same date.

The deed of trust lien contains two nonrecourse provisions.  The first provision specifies that if default occurs,

[Mantai’s] SOLE REMEDY is to:

a.         request Trustee to foreclose this lien, in which case [Mantai] or [its] agent shall give Grantor 30 days notice of the foreclosure by Certified Mail Return Receipt Requested and Regular Mail;

b.         receive and recover any closing costs paid by [Mantai] at the time of closing; and

c.         reclaim the property at the scheduled foreclosure by transferring the property to [Mantai].

The second provides:

SPECIAL PROVISION:  [Mantai] acknowledges that [Mantai]’s right and remedy were limited to reclaiming this property.  [Mantai] waives any and all rights to foreclose on the property as provided under the Texas Property Code, except those rights applicable to the performance of rights under this Deed of Trust.

Liao defaulted on the note, and Mantai foreclosed on the deed of trust lien. 

          As their business relationship proved untenable, the parties agreed to mediate the claims and controversies between them relating to the operation, financing, and sale of the property.  In the March 10, 2001 mediated settlement agreement (MSA), Tsai agreed to assume certain obligations in exchange for Sus’ conveyance to Tsai of their ownership interest in Mantai.  Both arbitration proceedings arising out of the MSA centered on the provision that sets forth Tsai’s obligations.  It provides:

(2)     Mr. Tsai assumes the following

(A)    $12,500.00 payment to Robert Pham, trustee

(B)     Debt to Central Power & Light Co. not to exceed $25,000.00

(C)     Note to Copano Ranch, Inc., or assigns & Liao debt only to the extent it inured to the benefit and direct use of the corporation to pay the note and taxes on the 183 acres.

          Shortly after signing the MSA, a dispute arose concerning paragraph 2(A).  The parties returned to the arbitrator who assisted them in reaching the settlement, who ruled that “[j]udgment should be entered as agreed save and except that [Tsai] pays $5,000.00 cash instead of the $12,500.00 [to Pham].”

Free access — add to your briefcase to read the full text and ask questions with AI

Related

J.J. Gregory Gourmet Services, Inc. v. Antone's Import Co.
927 S.W.2d 31 (Court of Appeals of Texas, 1995)
Shenandoah Associates v. J & K Properties, Inc.
741 S.W.2d 470 (Court of Appeals of Texas, 1987)
Crossmark, Inc. v. Hazar
124 S.W.3d 422 (Court of Appeals of Texas, 2004)
Fogal v. Stature Construction, Inc.
294 S.W.3d 708 (Court of Appeals of Texas, 2009)
Universal Computer Systems, Inc. v. Dealer Solutions, L.L.C.
183 S.W.3d 741 (Court of Appeals of Texas, 2005)
Kosty v. SOUTH SHORE HARBOUR COMMUNITY ASSN. INC.
226 S.W.3d 459 (Court of Appeals of Texas, 2006)
CVN Group, Inc. v. Delgado
95 S.W.3d 234 (Texas Supreme Court, 2002)
Fein v. R.P.H., Inc.
68 S.W.3d 260 (Court of Appeals of Texas, 2002)
Schultz v. Weaver
780 S.W.2d 323 (Court of Appeals of Texas, 1989)
Babcock & Wilcox Co. v. PMAC, LTD.
863 S.W.2d 225 (Court of Appeals of Texas, 1993)
Kline v. O'QUINN
874 S.W.2d 776 (Court of Appeals of Texas, 1994)
Hill v. Hoeldtke
142 S.W. 871 (Texas Supreme Court, 1912)
Loper v. Hosier
148 S.W.2d 889 (Court of Appeals of Texas, 1941)
Trafalgar Investments, Ltd. v. Westminster Associates, Ltd.
715 S.W.2d 745 (Court of Appeals of Texas, 1986)

Cite This Page — Counsel Stack

Bluebook (online)
Pu Chang Tsai v. Han Kuei Su and Sun Cha Su, Counsel Stack Legal Research, https://law.counselstack.com/opinion/pu-chang-tsai-v-han-kuei-su-and-sun-cha-su-texapp-2010.