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NORTH ALABAMA MARINE, INC. v. SEA RAY BOATS, INC.

87-339, 87-371.

533 So.2d 598 (1988)

NORTH ALABAMA MARINE, INC., and Daniel E. Boone v. SEA RAY BOATS, INC. SEA RAY BOATS, INC. v. NORTH ALABAMA MARINE, INC., and Daniel E. Boone.

Supreme Court of Alabama.

September 23, 1988.

Attorney(s) appearing for the Case

Gary L. Rigney, Huntsville, for appellants/cross-appellees.

Joe W. Campbell of Ford, Caldwell, Ford & Payne, Huntsville, for appellee/cross-appellant.

SHORES, Justice.

Sea Ray Boats, Inc. ("Sea Ray"), brought this action, seeking recovery against North Alabama Marine, Inc. ("NAMI"), and Daniel E. Boone for default under a security agreement between NAMI and Sea Ray Boats' assignor, Sea Ray Credit Corporation ("SRCC"), and a personal guaranty of the agreement by Boone. NAMI counterclaimed against Sea Ray, alleging tort and contract claims. The trial court directed a verdict for Sea Ray on Sea Ray's claims for breach...

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