
The Texarkana Court of Appeals recently issued an opinion in Lee v. Jorgenson, which offers a critical reminder about the need to have all livestock sales contracts in writing. [Read opinion here.] Background Ralph Lee sold Waygu cattle to TJ’s Land and Cattle Company, LLC, (“the LLC”) of which Tom Jorgenson was a member. Lee alleges this was a “handshake deal” that was memorialized in a Cattle Purchase Agreement (“CPA”). The CPA was not signed by Jorgenson or anyone representing the LLC, but did include price terms for Waygu… Read More →