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RYLWELL, L.L.C. v. ARKANSAS DEV. FINANCE AUTHORITY

No. 07-334.

269 S.W.3d 797 (2007)

RYLWELL, L.L.C. and Pulaski Lands, L.L.C., Appellants, v. ARKANSAS DEVELOPMENT FINANCE AUTHORITY, Appellee.

Supreme Court of Arkansas.

December 13, 2007.

Attorney(s) appearing for the Case

Stephen E. Whitwell, North Little Rock, AR, for appellants.

Wright, Lindsey & Jennings, LLP, by: John R. Tisdale, Troy A. Price, and Edward R. Armstrong, Little Rock, AR, for appellee.

ANNABELLE CLINTON IMBER, Justice.

The instant appeal arises from a suit to quiet title and foreclose filed by Appellee Arkansas Development Finance Authority ("ADFA"), a state agency, against Allcon Enterprises, Inc. ("Allcon"), National Bank of Arkansas ("NBA"), and Appellants Rylwell, L.L.C. ("Rylwell") and Pulaski Lands, L.L.C. ("Pulaski Lands"). The Circuit Court of Pulaski County ruled in favor of ADFA, granting it a judgment against Allcon in the amount of ...

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