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CULBREATH v. FIRST TENNESSEE BANK NAT.

44 S.W.3d 518 (2001)

Don L. CULBREATH v. FIRST TENNESSEE BANK NATIONAL ASSOCIATION.

Supreme Court of Tennessee, at Jackson.

May 18, 2001.

Attorney(s) appearing for the Case

Andrew C. Clarke, C. Philip M. Campbell, R. Sadler Bailey, and Seymour S. Rosenberg, Memphis, TN, for the plaintiff-appellant, Don L. Culbreath.

John C. Speer, Lang Wiseman, Leo Bearman, Jr., and Michael Cotter Patton, Memphis, TN, for the defendant-appellee, First Tennessee Bank, N.A.

John E. Murdock, III, and Roger G. Jones, Nashville, TN, for amici curiae, Tennessee Association of Business and Tennessee Bankers Association.

OPINION

HOLDER, J., delivered the opinion of the court, in which ANDERSON, C.J., and DROWOTA, BIRCH, and BARKER, JJ., joined.

Don L. Culbreath (Culbreath) filed suit against Community First Bank (Community First) seeking compensatory and punitive damages. Culbreath alleged that Community First fraudulently refused to pay Culbreath the proceeds of a new $150,000 loan that had been agreed upon by a bank officer...

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