Court Opinion

ID: 9635274
Source: CourtListenerOpinion
Date Created: 2023-08-22 13:44:42.909943+00
Date Added: 2024-06-11T18:09:22.460687
License: Public Domain

RICHARD H. EDELMAN, Justice,
concurring and dissenting.
With regard to the Burges’ claim for breach of contract against the bank, the majority opinion reverses the summary judgment granted for the Burges and renders summary judgment for the bank on the basis that the documents signed by the parties did not create a contract that the Burges could enforce against the bank. However, logic would suggest that to whatever extent those documents created a contract that the bank could enforce against the Burges to foreclose on their CD, those same documents thereby also created a contract that the Burges could enforce against the bank if its foreclosure on the CD did not comply with the contract, such as by being premature. As the remainder of the majority opinion correctly concludes, a fact issue exists regarding whether the parties intended a one-year or two-year note. The resolution of that question will, in turn, determine whether the contract between the bank and the Burges allowed the CD to be foreclosed upon after one year or two and, thus, whether it was the bank or the Burges who were in breach of that contract. Therefore, I would merely reverse the summary judgment in favor of the Burges, including the award of attorney’s fees, due to the fact issue regarding the term of the note and not render judgment in favor of the bank.