Estate of Walters v. Freeman

GRIFFIS, J.,

for the Court.

¶ 1. The Estate of Lavern Walters appeals from the chancellor’s order denying replevin and money damages. We find no error and affirm.

FACTS

¶ 2. Until 1986, Lavern Walters owned and operated Analytical Chemical Laboratories, Inc. (“ACL”), a water conditioning business located in Jackson. In December of 1986, Walters sold the assets of ACL to Pat Freeman. The assets included all of the real and personal property used by ACL, including fixtures and equipment. The parties’ agreement was memorialized in an Asset Purchase Agreement, executed by ACL and Walters, as the…