McCOURT v. TRIPLETT

CA 09-1142.

2010 Ark.App. 567

Charles and Julia MCCOURT Appellants, v. Jacqueline TRIPLETT Appellee.

Court of Appeals of Arkansas, Division II.

Opinion Delivered September 1, 2010.


DAVID M. GLOVER, Judge.

Appellants, Charles and Julia McCourt, and appellee, Jacqueline Triplett, are creditors of McCourt Manufacturing Company (MMC). In circuit court, they asserted competing claims to $57,099.76 held in MMC's two bank accounts. The circuit judge awarded $37,099.76 to Triplett, as a judgment creditor, and $20,000 to the McCourts, as secured creditors, after attempting to apply a tracing method known as the lowest-intermediate-balance rule. Both...

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