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BADGETT v. SECURITY STATE BANK

No. 56993-2.

116 Wn.2d 563 (1991)

807 P.2d 356

RAYMOND BADGETT, ET AL, Respondents, v. SECURITY STATE BANK, Petitioner.

The Supreme Court of Washington, En Banc.

March 28, 1991.

Attorney(s) appearing for the Case

Bogle & Gates, Delbert D. Miller, and Joshua J. Preece, for petitioner.

Gordon, Thomas, Honeywell, Malanca, Peterson & Daheim, by Warren J. Daheim, for respondents.

Daniel B. Ritter on behalf of Washington Bankers Association; John J. Gill, Michael F. Crotty, and Thomas J. Greco on behalf of American Bankers Association, amici curiae for petitioner.

DURHAM, J.

Raymond and Audrey Badgett (the Badgetts) brought an action for damages against Security State Bank (the Bank) after the Bank refused to restructure their agricultural loans. The trial court granted summary judgment in favor of the Bank and dismissed the claims. It also granted the Bank summary judgment on its counterclaims for monies due and entered a decree of foreclosure. The Court of Appeals reversed and remanded for trial, holding that the Bank may...

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