Texas Supreme Court
Coastal Plains Development Corporation, Petitioners v. Micrea, Inc., Respondent
April 26, 197821 Tex. Sup. Ct. J. 337
Summary
The Texas Supreme Court reversed the lower courts, holding that the parties were not a joint venture and that Micrea could not recover because it was unlicensed at the time it commenced real‑estate services, as required by §19 of the Real Estate License Act.