Coastal Plains Development Corporation, Petitioners v. Micrea, Inc., Respondent

Summary

The Texas Supreme Court reversed the trial court and Court of Civil Appeals, holding that the parties were not a joint venture and that Micrea could not recover because it was unlicensed when it began real‑estate services, thus dismissing Micrea's claim and granting judgment for Coastal Plains. The Court also corrected the judgment to sever an unappealed cross‑action.