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Lack of Consideration ≠ Failure of Consideration

By Byron Henry on December 1, 2008
Posted in Opinions & Judgments

In an otherwise lengthy opinion, the Fort Worth Court of Appeals provided a reminder to civil practitioners regarding the difference between failure of consideration and lack of consideration.  The Court noted:

[L]ack of consideration refers to a contract that lacks mutuality of obligation.  Failure of consideration, however, occurs when, due to a supervening cause after

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Mike Northrup is the chair of the appellate practice group at Cowles & Thompson, P.C. He is Board Certified in Civil Appellate Law by the Texas Board of Legal Specialization, and is a former Chair of the Appellate Law Section…

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