Tex Star Motors, Inc. v. Regal Finance Company, Ltd. and Regal Finance Company II, Ltd.

• Court: Court of Appeals of Texas
• Decided: January 10, 2012
• Docket: 14-05-00215-CV
• Status: Published

Opinion

January 10, 2012

JUDGMENT

The Fourteenth Court of Appeals TEX STAR MOTORS, INC., Appellant

NO. 14-05-00215-CV V.

REGAL FINANCE COMPANY, LTD. AND REGAL FINANCE COMPANY II, LTD., Appellees ____________________ This cause, an appeal from the judgment in favor of appellees, Regal Finance Company, Ltd. and Regal Finance Company II, Ltd., signed December 3, 2004, was heard on the transcript of the record. We have inspected the record and find the trial court erred in determining the accrual date of prejudgment interest. We therefore order that the portions of the judgment that determine prejudgment interest and the disposition of the reserve are REVERSED and ordered severed and REMANDED for proceedings in accordance with this court's opinion. Further, we find no error in the remainder of the judgment and order it AFFIRMED. We order the parties to bear their own costs incurred in this appeal. We further order this decision certified below for observance.