Texas Supreme Court
Regal Finance Company, Ltd. and Regal Finance Company Ii, Ltd., Petitioners v. Tex Star Motors, Inc., Respondent
August 20, 201053 Tex. Sup. Ct. J. 1034
Summary
The Texas Supreme Court reversed the Court of Appeals and remanded, holding that the jury instruction on commercial reasonableness did not require proof of a dealer‑industry standard and that the evidence presented was legally sufficient to support the jury's deficiency judgment. The Court clarified that commercial reasonableness is a fact‑based inquiry with non‑exclusive factors. Justice Johnson dissented, arguing the instruction was a definition and the evidence insufficient.