Even though a lawyer acted as an escrow agent — and not in the role of an attorney — in a business deal gone sour, Dallas’ Fifth Court of Appeals reversed a take-nothing judgment against him and his firm after finding they had a fiduciary duty to a client who paid $250,000 for a beer store that turned out to have $260,000 in tax liens looming over it.
The court’s recent decision in Alpha Omega CHL v. Min stemmed from an agreement entered into by Alpha Omega CHL to buy a convenience store called The Beer Stop from Rodney, Paul and Amanda Downs.
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