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Texas Business Court Holds That A Punitive Damage Limitation-Of-Liability Clause Is Enforceable In A Trust Document

By David Fowler Johnson on November 1, 2026
Posted in Texas Courts

In Preston Hollow Cap., LLC v. Truist Bank, an entity was a bond obligor and failed to follow the requirements of the bond documents. 729 S.W.3d 46 (Tex. Bus. Ct. First Division December 19, 2025, no pet.). Truist Bank initially served as trustee. The bond obligor was required to deposit…

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