Span Enterprises and Praful Amin, M.D. v. Ivan Wood

CourtCourt of Appeals of Texas
DecidedDecember 4, 2008
Docket01-07-00364-CV
StatusPublished

This text of Span Enterprises and Praful Amin, M.D. v. Ivan Wood (Span Enterprises and Praful Amin, M.D. v. Ivan Wood) 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
Span Enterprises and Praful Amin, M.D. v. Ivan Wood, (Tex. Ct. App. 2008).

Opinion

Opinion issued December 4, 2008





In The

Court of Appeals

For The

First District of Texas





NO. 01-07-00364-CV





SPAN ENTERPRISES and PRAFUL AMIN, M.D., Appellants


V.


IVAN WOOD, Appellee





On Appeal from the 215th District Court

Harris County, Texas

Trial Court Cause No. 2006-09233




O P I N I O N


          Appellants, Span Enterprises and Praful Amin, M.D., appeal from a judgment in favor of appellee, Ivan Wood. Span and Amin filed suit against Wood asserting causes of action for breach of fiduciary duty, “Knowing Participation/Aiding and Abetting” fraud, and “Knowing Participation/Aiding and Abetting” breach of fiduciary duty. The trial court rendered summary judgment against Span and Amin. In three issues, Span and Amin contend the trial court erred by granting summary judgment because (1) Span and Amin had an implied attorney-client relationship with Wood; (2) Texas law recognizes a cause of action against a lawyer for aiding and abetting a client’s breach of fiduciary duty; and (3) the claims were not barred by the statute of limitations. We conclude there was no attorney-client relationship and therefore no breach of fiduciary duty; there is no cause of action for aiding and abetting a breach of fiduciary duty; and the remaining claim is barred by limitations. We affirm.

BackgroundIn 1999, Amin, the general partner of Span, met Robert Helms, the CEO of Triumph Healthcare, L.L.P. Triumph was a start-up venture for which Helms was trying to find private investors. Among the investors were friends of Amin, who introduced Amin to Helms. Amin decided to invest $500,000. After months of negotiations, Amin and Helms agreed that Amin would invest $200,000 and loan Triumph an additional $300,000. The terms of the loan payback included two equal installments due 24 and 36 months after closing.

          Before this agreement was reduced to writing, Triumph sought counsel from its attorney, Wood. Wood suggested that Triumph issue Amin “Series A Preferred Partnership Units” instead of incurring $300,000 in debt in the form of a loan. Thus, Amin’s $300,000 could be treated as an investment in Triumph rather than a debt. Amin understood that he would be paid back and end up with a 10 percent ownership interest in Triumph. On August 10, 1999, Amin and Helms, on behalf of Triumph, signed a “Preliminary Agreement.” The agreement stated that Triumph was to incorporate the terms of the Preliminary Agreement “into the partnership documents.”

          When Wood drew up the partnership agreement, the terms of the guaranteed payback that existed in the Preliminary Agreement were changed. First, the partnership agreement required Amin to request “redemption” of his preferred partnership units, rather than requiring Triumph to make the installment payments at 24 and 36 months. The partnership agreement also provided that each payment would reduce Amin’s ownership. Unaware of these changes, Amin executed the partnership agreement.

          Later, Amin wished to substitute Span for Amin as a limited partner in Triumph. To accomplish the substitution, a new partnership agreement was prepared. Amin asked Helms about his ownership interest in Triumph after seeing the new agreement. Helms responded to Amin with a letter, telling him that the deal reached in the Preliminary Agreement remained the deal. Helms told Amin that the repayment of the $300,000 would not reduce his ownership interest and that the preferred units would convert to common units on repayment. Amin asserted that Wood had knowledge of Helm’s letter, including its contents and the circumstances surrounding it, but Wood did not say anything to Amin.

          On February 13, 2002, Triumph exercised the redemption provisions of the partnership agreement. This reduced Span’s interest in Triumph by approximately four percent. On February 10, 2002, Span and Amin filed this suit against Wood, asserting causes of action for breach of fiduciary duty, “Knowing Participation/Aiding and Abetting” Triumph “in committing fraud,” and “Knowing Participation/Aiding and Abetting” Triumph in “breaching fiduciary duties.”

          Wood moved for summary judgment on the grounds (1) he owed no fiduciary duty to Span or Amin as a matter of law because no attorney-client relationship existed and (2) the claims were barred by limitations. The trial court, in an interlocutory order, granted the motion in part. The trial court found that there was no attorney-client relationship as a matter of law, but denied Wood’s motion on the limitations ground.

          In his second amended motion for summary judgment, Wood asserted the following three grounds:

First, Plaintiff’s claims are barred by the two-year statute of limitations for civil conspiracy claims.

Second, Plaintiffs’ allegations of “aiding and abetting” fraud would be time-barred even under a four-year statute of limitations.

Finally, Texas does not recognize a cause of action against an attorney for “aiding and abetting” his client’s alleged breach of fiduciary duties.


The trial court granted this motion, stating that “there is no cognizable cause of action against an attorney for aiding and abetting his clients’ alleged breach of its fiduciary duties.” The trial court alternatively granted the motion on the grounds of limitations.

Summary Judgment Standard of Review

          We review a trial court’s grant of summary judgment de novo. Valence Operating Co. v. Dorsett, 164 S.W.3d 656, 661 (Tex. 2005). Traditional summary judgment is proper only when the movant establishes that there is no genuine issue of material fact and that the movant is entitled to judgment as a matter of law. Tex. R. Civ. P. 166a(c). In reviewing a traditional summary judgment, we must indulge every reasonable inference in favor of the nonmovant, take all evidence favorable to the nonmovant as true, and resolve any doubts in favor of the nonmovant. Valence, 164 S.W.3d at 661. A defendant who moves for traditional summary judgment on the plaintiff’s cause of action must conclusively disprove at least one element of the plaintiff’s cause of action. Little v. Tex. Dep’t of Criminal Justice, 148 S.W.3d 374, 381 (Tex.

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Span Enterprises and Praful Amin, M.D. v. Ivan Wood, Counsel Stack Legal Research, https://law.counselstack.com/opinion/span-enterprises-and-praful-amin-md-v-ivan-wood-texapp-2008.