Texas Supreme Court

Texas Bank and Trust Company, Petitioner v. A. E. Moore, Respondent

March 19, 1980595 S.W.2d 502

Summary

The Texas Supreme Court affirmed the trial court’s judgment, holding that a fiduciary relationship existed between A.E. Moore and the decedent, that the presumption of unfairness of the transfers was unrebutted, and that the trial court’s awards—including recovery of funds, exemplary damages, master’s fees, and jewelry valuation—were proper. The Court also upheld the appointment of a Master in Chancery and rejected the appellate court’s reversal of those awards. Justice GREENHILL dissented, and Justice BARROW concurred in the affirmance.