Island Recreational Development Corporation, Petitioners v. Republic of Texas Savings Association…

Summary

The Texas Supreme Court reversed the Court of Appeals and affirmed the trial court's judgment for Island, holding that a trial judge may submit a single broad issue encompassing multiple independent grounds of recovery and that the failure to give a separate instruction on waiver is not reversible error unless it caused harmful prejudice. The Court also held that there was sufficient evidence of Republic's waiver of the application deadline and that Island retained an interest in the commitment letter despite an assignment.