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SPURLOCK v. BEGLEY

No. 2009-SC-000050-DG.

308 S.W.3d 657 (2010)

Ben SPURLOCK, Appellant, v. Tate BEGLEY, Appellee.

Supreme Court of Kentucky.

April 22, 2010.

Attorney(s) appearing for the Case

John T. Aubrey, Manchester, KY, Counsel for Appellant.

Phillip Lewis, Hyden, KY, Counsel for Appellee.

Opinion of the Court by Justice CUNNINGHAM.

Robert Griffin formed Caribou Coal Mining Processing, LLC, a limited liability company, for the purpose of acquiring and operating a coal tipple in Leslie County, Kentucky. After its formation, Appellee, Tate Begley, was approached by Griffin and asked to invest in the coal business. Begley borrowed $75,000.00 from a local bank and loaned it to Caribou Coal. On November 10, 2004, Caribou Coal executed a promissory note,...

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