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eBook details

• Title: Menetti V. Chavers
• Author : Texas Court of Appeals
• Release Date : January 22, 1998
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 58 KB

Description

This is an appeal by individual shareholders from a default judgment against their corporation, Menetti & Co., Inc., and from jury findings that impose individual liability on the shareholders. Vincent and Felecia Menetti assert, inter alia, that the trial court denied them the opportunity to present a defense as to their individual liability claims arising from faulty construction of an addition to the Chaverses' home. The Menettis also claim that they were denied the opportunity to challenge a claim that they were their corporation's alter ego. Appellees, the Chaverses, assert that the Menettis lack standing to assert the bulk of their claims. We hold that the trial court erred in finding the Menettis individually liable for the acts of their corporation because there was legally insufficient evidence to show actual fraud. Therefore, we reverse the judgment and render a decision in favor of the Menettis.

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