Michael Lee Wyrick A/K/A Mike Wyrick and Gregory Michael Ruhnke A/K/A Greg Ruhnke v. Business Bank of Texas, N. A.
This case involves two individual guarantors, Michael Lee Wyrick and Gregory Michael Ruhnke, appealing a trial court's summary judgment that enforced their $3 million promissory note guaranty in favor of Business Bank of Texas, N.A., and dismissed their tort claims. The guarantors argued the trial court erred in granting summary judgment due to contract defenses like fraudulent inducement and mutual mistake, and affirmative counterclaims including fraud and tortious interference. The appellate court found the guarantors lacked standing for some counterclaims and failed to raise fact issues for others and their defenses. The court also reviewed a permanent anti-suit injunction issued by the trial court, concluding it was an abuse of discretion as the circumstances did not warrant such extraordinary relief. Consequently, the appellate court affirmed the trial court's judgment on the guaranties and counterclaims, but modified it to dissolve the anti-suit injunction.