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UNION PLANTERS BANK v. L & J DEVELOPMENT CO., INC.

Nos. 95-5623, 95-5624.

115 F.3d 378 (1997)

UNION PLANTERS BANK, formerly known as Sunburst Bank, Plaintiff-Appellee, v. L & J DEVELOPMENT COMPANY, INC., Defendant, John W. Jemison and Lynn Jemison (95-5624), Defendants-Appellants, Laurence D. Conn, Intervening Defendant, William M. Gotten (95-5623), Attorney-Appellant.

United States Court of Appeals, Sixth Circuit.

Submitted March 21, 1997.

Decided May 30, 1997.

Rehearing Denied July 11, 1997.

Attorney(s) appearing for the Case

ARGUED: Edward A. Moss, Holcomb Dunbar, Oxford, MS, for Appellee. John B. Gillis, Luckett Law Firm, Clarksdale, MS, for Appellant. ON BRIEF: Nancy M. Maddox, Holcomb Dunbar, Oxford, MS, for Appellee. John B. Gillis, Luckett Law Firm, Clarksdale, MS, for Appellant in 95-5624. William M. Gotten, Memphis, TN, for Appellant in 95-5623.

Before: LIVELY, NELSON, and MOORE, Circuit Judges.

Argued (95-5624) March 21, 1997.

Submitted (95-5623) March 21, 1997.

OPINION

MOORE, Circuit Judge.

Sunburst Bank brought an action against L & J Development Company and John and Lynn Jemison seeking to recover on a promissory note. The case was tried by United States District Judge Jerome Turner, who found for Sunburst. Soon thereafter, Sunburst was acquired by Union Planters Bank, a banking institution with whom the judge had economic...

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