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MALAKUL v. ALTECH ARKANSAS, INC.

No. 88-247.

766 S.W.2d 433 (1989)

298 Ark. 246

Robert P. MALAKUL and Orathai Malakul, Husband and Wife, Appellants, v. ALTECH ARKANSAS, INC., Djaya Kusuma and Pauline Kusuma, Husband and Wife, and Ivan Spiker, Appellees.

Supreme Court of Arkansas.

March 13, 1989.

Attorney(s) appearing for the Case

Roy Whitehead, Jr., Conway, for appellants.

Dennis C. Sutterfield, Russellville, for appellees.

GLAZE, Justice.

This case arises out of a partnership agreement between Mr. Malakul and Mr. Kusuma to develop fuel-alcohol plants. A corporation, Altech Arkansas, Inc. (Altech), was formed for carrying out the venture. Mr. and Mrs. Kusuma, individually and in behalf of Altech, filed suit in Johnson County Circuit Court against Mr. Malakul and his wife for fraudulently inducing the Kusumas to enter the aforementioned contract.1 The Kusumas...

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