F & M BLDG. v. FARMERS & MERCHANTS BANK

No. 93-710.

871 S.W.2d 338 (1994)

316 Ark. 60

In the Matter of F & M BUILDING PARTNERSHIP, Appellant, v. FARMERS & MERCHANTS BANK, ROGERS, ARKANSAS, et al., Appellees.

Supreme Court of Arkansas.

February 21, 1994.


Attorney(s) appearing for the Case

Richard C. Downing, David A. Grace, Little Rock, for appellant.

Scott Emerson, Jonesboro, for appellees.


GLAZE, Justice.

At issue in this case is the legal effect of two settlement agreements made in bankruptcy proceedings that involve real property upon which the main building of Farmers & Merchants Bank of Rogers, Arkansas (F & M Bank) stands. In 1984, F & M Bank entered into two leases with F & M Building Partnership, an Arkansas general partnership (F & M) and owner of the realty. F & M leased the land and improvements to F & M Bank through...

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