Dr. P. K. Smith v. D. H. Bolin

Summary

The Texas Supreme Court affirmed the trial court's summary judgment in favor of respondent on the Gist and Crownover farm‑out leases and on the petitioners' request for an accounting, but reversed and remanded the summary judgment on the Howard leases, finding that material factual issues remain. The Court held that the evidence raised genuine questions of fact regarding fiduciary duties and the use of geological information in the Howard lease renewals. Justice Culver dissented, arguing that no factual dispute existed concerning the Howard leases.