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FORD v. KEITH

No. 97-13812.

996 S.W.2d 20 (1999)

338 Ark. 487

Bill J. FORD, Bank Commissioner of Arkansas, Appellant, v. A.M. KEITH, Appellee.

Supreme Court of Arkansas.

July 22, 1999.

Attorney(s) appearing for the Case

Mark Pryor, Att'y Gen., by: Annamary Dougherty, Ass't Att'y Gen., for appellant.

Williams & Anderson LLP, by: James E. Hathaway III, Timothy W. Grooms, and Patrick Burrow, Little Rock, for amicus curiae Arkansas Bankers Association and Arkansas Community Bankers Association, in support of appellant.

Eichenbaum, Liles & Heister, P.A., by: James H. Penick III and Christopher O. Parker, Little Rock, for appellee.

LAVENSKI R. SMITH, Justice.

Appellant Bill J. Ford ("Ford"), Bank Commissioner of Arkansas, appeals an adverse decision from the Pulaski County Circuit Court in which the court determined that the Bank Commissioner's decision to uphold a bank reorganization was ultra vires of the governing statute, Ark. Code Ann. § 23-48-601 et seq. (Supp. 1997), entitled "Reorganization Through Plan of Exchange." The trial court reversed and remanded the matter to the Commissioner...

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