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BAKER CAR & TRUCK RENTAL, INC. v. CITY OF LITTLE ROCK

No. 95-1128.

925 S.W.2d 780 (1996)

325 Ark. 357

BAKER CAR AND TRUCK RENTAL, INC.; Arelco, Inc., d/b/a National Car Rental, and Carco Rentals, Inc., Appellants, v. The CITY OF LITTLE ROCK, Arkansas, Acting By and Through the LITTLE ROCK MUNICIPAL AIRPORT COMMISSION, Appellee.

Supreme Court of Arkansas.

July 15, 1996.

Attorney(s) appearing for the Case

Friday, Eldredge & Clark by Harry A. Light, Little Rock, for appellant Baker Car and Truck Rental, Inc.

Stark, Dininger & Smith by William K. Byrum, Indianapolis, IN; and Davidson, Horne & Hollingsworth by Garland W. Binns, Little Rock, for appellant Arelco, Inc., d/b/a National Car Rental.

Hardin, Dawson & Terry by Robert M. Honea, Fort Smith, for appellant Carco Rentals, Inc.

Kaplan, Brewer, & Maxey, P.A. by Philip E. Kaplan and JoAnn C. Maxey, Little Rock, for appellee.

GLAZE, Justice.

This litigation arises out of leases entered into between the Little Rock Municipal Airport Commission and Avis, Hertz, and National car-rental businesses having concessions at the Little Rock Airport. These three car-rental businesses first entered into identical leases in 1971, and each had a ten-year rental term with an additional ten-year option, ending in 1991. In 1973, Hertz and National obtained a second option to renew for a five-year period...

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