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WIEDERKEHR WINE CELLARS, INC. v. CITY NAT. BANK

No. 89-234.

780 S.W.2d 551 (1989)

300 Ark. 537

WIEDERKEHR WINE CELLARS, INC. & Swiss Family Vineyards, Inc., Appellants, v. CITY NATIONAL BANK OF FORT SMITH, Arkansas, Appellee.

Supreme Court of Arkansas.

December 4, 1989.

Attorney(s) appearing for the Case

Walter W. Davidson and Patrick E. Hollingsworth, Little Rock, for appellants.

S. Walton Maurras, Fort Smith, for appellee.

NEWBERN, Justice.

The appellants, Wiederkehr Wine Cellars, Inc., and Swiss Family Vineyards, Inc., collectively referred to here as "Wiederkehr," sued the appellee, City National Bank of Fort Smith, alleging breaches of a secured loan agreement and of certain fiduciary obligations. The bank filed an answer and counter-claim alleging default on numerous mortgages and other security agreements which had been taken to secure the loan. The trial court granted the bank...

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