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BECKNELL v. QUINN

Nos. LR-C-81-500, LR-C-81-645.

592 F.Supp. 102 (1983)

James C. BECKNELL, Individually and as Trustee of the Linda and Leslie Becknell Trusts, John D. Kettelle, Trustee of the Linda and Leslie Becknell Trusts, Plaintiffs, v. Luke W. QUINN, Otter Creek Development Company, Otter Creek Mall, Otter Creek Mall Company, Otter Creek Mall, Inc., M.G. Herring, Jr., Jacque Alexander, Defendants. James C. BECKNELL and John D. Kettelle, Trustees of the Linda and Leslie Becknell Trusts, Plaintiffs, v. FIRST NATIONAL BANK IN LITTLE ROCK, et al., Defendants.

United States District Court, E.D. Arkansas, W.D.

November 21, 1983.

Attorney(s) appearing for the Case

Edward F. Mannino, Dilworth, Paxson, Kalish & Kauffman, Philadelphia, Pa., W. Dent Gitchel, Little Rock, Ark., for plaintiffs.

George Pike, Jr., Friday, Eldredge & Clark, Little Rock, Ark., for First Nat. Bank in Little Rock.

David M. Powell, Wright, Lindsey & Jennings, Little Rock, Ark., for Worthan Bank and Trust Co.

Richard A. Williams, Mitchell, Williams, Selig, Jackson & Tucker, Little Rock, Ark., for Otter Creek Development Co.

James M. McHaney, Owens, McHaney & Calhoun, Little Rock, Ark., for Limited Partnership defendants.

Daryl G. Raney and Darrell D. Dover, House, Jewell, Dillon, Dover & Dixon, Little Rock, Ark., for Luke W. Quinn.

O.H. Storey, III, Hoover, Jacobs & Storey, Little Rock, Ark., for Otter Creek Mall, Otter Creek, Inc., and M.G. Herring, Jr.

MEMORANDUM OPINION

H. FRANKLIN WATERS, Chief Judge.

The controversy resulting in this lawsuit arises from the operation of a limited partnership known as Otter Creek Development Company (OCDC) organized on June 7, 1971, to own, hold for development, and subsequently develop certain admittedly valuable real estate located at the intersections of Interstate 30 and Interstate 430 in southern Little Rock, Arkansas. The facts in relation to the formation of the...

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