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Faucette v. Chantos

This case involves the failed sale of a company to its employees, who instead resigned from the company, formed their own business and obtained some of the seller's former lines of business. In their second issue, the employees contend that the evidence is legally and factually insufficient to prove damages for breach of contract. Houston's 14th Court of Appeals held that the evidence is factually sufficient to support the jury's award. Houston's 14th Court Of Appeals, No. 14-08-00536-CV, 09-24-2010

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Affirmed and Majority and Concurring and Dissenting Opinions filed September 23, 2010.

MAJORITY OPINION

This case involves the failed sale of a company to its employees, who instead resigned from the company, formed their own business, and obtained some of the seller’s former lines of business. The company, A. J. Chantos & Associates, Inc., d/b/a Sarco of Texas (“Sarco”) and its principal shareholder, Grace C. Chantos, sued former employees H. Frank Faucette and J. Lawrence Schadler, alleging breach of contract, tortious interference with contract, and other claims. Both sides moved for summary judgment on the breach-of-contract claim, and the trial court granted Chantos and Sarco’s motion for partial summary judgment on liability for breach of contract.

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