Texas Supreme Court

Fretz Construction Company, Petitioner v. Southern National Bank of Houston, Respondent

January 27, 1982626 S.W.2d 478

Summary

The Texas Supreme Court reversed the Court of Civil Appeals, holding that the bank’s promise to set aside $2,372,715 for payment to Fretz was a binding, non‑conditional promise enforceable under promissory estoppel and that the jury’s findings on the contract, third‑party beneficiary, and fraud claims were supported by some evidence. The case was remanded for further adjudication of those claims and the appropriate damages.