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OTTENHEIMER PUBLISHERS v. REGAL PUBLISHERS

626 S.W.2d 276 (1981)

OTTENHEIMER PUBLISHERS, INC., Plaintiff-Appellant, v. REGAL PUBLISHERS, INC., Carl C. Crandall, George T. Laws, Norma L. Laws, William R. Goad, Elena R. Goad, Everette E. Gaddy, Delores Gaddy, Louis Shafer, Edith Shafer and James R. McKinney, Defendants-Appellees.

Court of Appeals of Tennessee, Middle Section.

Permission to Appeal Denied December 14, 1981.

Attorney(s) appearing for the Case

Stephen M. Miller, Denney, Lackey & Chernau, Nashville, for plaintiff-appellant.

James R. McKinney, McKinney & Everett, Madison, for defendants-appellees.

Permission to Appeal Denied by Supreme Court December 14, 1981.

OPINION

LEWIS, Judge.

Plaintiff Ottenheimer Publishers, Inc. sued defendant Regal Publishers, Inc. (Regal) and certain individual defendants and alleged that Regal was indebted to plaintiff as a result of Regal's default under the terms of a certain security agreement. Plaintiff alleged that the individual defendants were indebted to it as a result of "executing guaranty agreements for...

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