Texas Soccer Foundation v. Sting Soccer Foundation

CourtCourt of Appeals of Texas
DecidedSeptember 29, 2021
Docket05-19-01228-CV
StatusPublished

This text of Texas Soccer Foundation v. Sting Soccer Foundation (Texas Soccer Foundation v. Sting Soccer Foundation) 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
Texas Soccer Foundation v. Sting Soccer Foundation, (Tex. Ct. App. 2021).

Opinion

Affirm and Opinion Filed September 29, 2021

In The Court of Appeals Fifth District of Texas at Dallas No. 05-19-01228-CV

TEXAS SOCCER FOUNDATION, Appellant V. STING SOCCER FOUNDATION, Appellee

On Appeal from the 193rd Judicial District Court Dallas County, Texas Trial Court Cause No. DC-17-07441

MEMORANDUM OPINION Before Justices Partida-Kipness, Pedersen, III, and Goldstein Opinion by Justice Pedersen, III Texas Soccer Foundation (TSF) appeals the trial court’s judgment granting

specific performance of the parties’ agreement for the sale of TSF’s real property to

appellee Sting Soccer Foundation (Sting). In two issues, TSF challenges the trial

court’s denial of its Motion for Judgment Not Withstanding the Verdict and the

court’s award of attorney’s fees to Sting. We affirm.

Background

TSF and Sting are both non-profit corporations, formed to support girls and

young women playing soccer. At all times relevant to this appeal, TSF’s three officer-directors were James Watson, Rex Stewart, and William Kinder; Brent

Corrali was the principal owner and CEO of Sting.

The property at issue in this case is a six-acre tract in Richardson, Texas that

is owned by TSF (the Buckingham Property). It includes the fields on which Sting

teams have played since the mid-1990s as well as the offices for the Sting

foundation. When Corrali purchased the name and operations of Sting in 2007, his

new entity could not afford to buy the Buckingham Property, but it has leased the

tract from TSF since that time. Sting’s rent payments serviced the debt owed by TSF

for its mortgage on the property. And after 2007, the parties continued to engage in

occasional, informal talks concerning the sale of the Buckingham Property to Sting.

In the summer of 2015, the parties’ communications concerning sale of the

Buckingham Property took a more serious turn.1 In June of that year, Watson—who

was designated by TSF as the point person through the years of talks with Corrali—

heard a rumor that Sting planned to move from the Buckingham Property. Watson

texted Corrali concerning the rumor, and Corrali responded:

What you’re hearing is [our] offices are moving. The fields are in my picture but I need to get an agreement between us quick. I would never leave you or make a deal without you knowing and being involved. You have my word on that. I want that facility to be the main Home of Sting Soccer always. Let’s get this put to bed. Watson responded:

1 The parties communicated primarily by text and email. We quote their messages as necessary to describe the parties’ relationships and representations. –2– Sounds good, Rex and I are in agreement and will have a proposal within the next few weeks, I am out next week. On September 3, Watson texted Corrali that he and Stewart had a proposal and would

like to meet to discuss “the broad points.” It appears that the three men met on

September 18, and the following week, Corrali texted Watson, asking for a survey

that his own surveyor could “work from” as well as a legal description of the

property.

Negotiations were apparently interrupted for a time because of travel and

medical issues, but on November 19, Watson texted:

Rex and I have agreed to outvote Bill, plan to meet with him the week after tgiving [sic]. We don’t have the paperwork, asked Bill for it and he said he didn’t have it either .... We will know how big a fight we have soon. On December 7, Corrali followed up, asking whether the meeting had taken place.

Watson responded:

We had one of our regular meetings, Rex and I ganging up on Bill. Rex actually got pissed. Bill wants to meet with you ..... We are trying to establish a current value for Bill. All is good but give us a little time. [W]e want him to be on board.

Corrali testified that Watson called the board “dysfunctional” and that Watson told

him it was a regular occurrence for the board to be fighting within itself. But Watson

testified that he and Stewart had agreed that if they could make a deal with Sting,

they would outvote Kinder. Watson testified further that—to determine a current

value of the Buckingham Property—he was authorized by TSF to obtain an appraisal

–3– of the property. That appraisal is dated February 4, 2016, and it assesses the value

of the Buckingham Property at $1,420,000.00.

On March 22, Watson texted Corrali:

Brent, just called Rex and agreed to move ahead without Bill. Let’s talk about what our agreement needs to say. Basic framework is still that you will continue to pay off our note and when done TSF will extend a 650k note for sale of property. Deed work done at that time. Rex is traveling with work the next two weeks but we can email docs to him. Corrali agreed as to this “basic framework” and agreed to have his attorney draw up

the necessary documents. At this point, Watson testified he turned things over to

Stewart to deal with Sting’s attorney. By the end of May, initial documents were

drafted, and Watson and Stewart were reviewing them. Texts indicated that Watson

and Stewart met on June 28.

On July19, Stewart emailed Watson—and Watson forwarded to Corrali—a

term sheet (the Term Sheet) Stewart had put together. The Term Sheet included

eleven terms introduced by the statement: “The Foundation is willing to sell if the

sale can be accomplished under under [sic] the following terms[.]” Stewart’s email

stated that this was a “first draft” and it “needs work.” However, the record does not

include a revision of this list, which identified the property, included a purchase price

of $1.3 million, and addressed terms of payment as well as Sting’s responsibility for

utilities, real estate taxes, and insurance on the property during the term of the note.

The Term Sheet also assigned to Sting the task—and thus, the cost—of drawing up

formal documents for the sale. Watson testified the list was Stewart’s effort to give

–4– Sting’s attorney the information he needed to draft those documents. The Term Sheet

reflected the issues that Watson and Stewart had discussed together and that Watson,

as TSF liaison, had discussed with Corrali.

Watson testified that he was sure the formal documents drafted by Sting’s

attorney incorporated the requirements of the Term Sheet. And Sting’s attorney, Bert

Starr, testified that he worked from the Term Sheet. By September 19, Starr had

circulated a draft sales agreement that was acceptable to Stewart and Watson if

“some small clerical changes” were made. Watson emailed a list of those clerical

changes to Corrali, and said “[t]his should satisfy our side.” The list included a

provision about notice of default to the bank holding the mortgage on the

Buckingham Property; Watson had sent the documents to the bank so its attorneys

could review them, and the notice provision was the Bank’s only comment.

On October 3, Starr sent a revised set of documents to Corrali, Watson, and

Stewart. Stewart asked Starr to name a different title company, and on October 24,

Starr sent a revised sale agreement, which made that change (the October 24

Agreement). Starr testified that, after the October 24 Agreement was sent, no one

from TSF asked for additional revisions to the documents. Days later, Corrali phoned

Stewart and—with Starr on the line—asked Stewart if they had a deal. Starr testified

that Stewart responded: “Yes, we have a deal.” Finally, on November 15, Watson

texted Corrali, saying he and Stewart were meeting to “finalize” matters and would

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Texas Soccer Foundation v. Sting Soccer Foundation, Counsel Stack Legal Research, https://law.counselstack.com/opinion/texas-soccer-foundation-v-sting-soccer-foundation-texapp-2021.