Graco Robotics, Inc. v. Oaklawn Bank

914 S.W.2d 633 | Texas Court of Appeals, 6th District (Texarkana) | 1996

enforcedCited 36 timesBATTLE_TESTEDTexas
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Holding Summary

Bank breached escrow agreement by failing to preserve funds, entitling GRI to judgment for breach despite unmet payment conditions, as preservation was a separate duty from payment obligations.

Bank had duty to preserve funds even before payment conditions were satisfied.

Texas Court of Appeals, 6th District (Texarkana), 1996

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