Timm v. Dewsnup

NEHRING, Justice:

¶ 1 Aletha Dewsnup and her late husband, T. Lamar Dewsnup, were farmers in Delta, Utah. In June 1978, they borrowed $119,000 to purchase a motel. The Dewsnups did not repay the loan on time and the three lenders, the Annette Jacob Trust Fund, United Precision Machine and Engineering Company Profit Sharing Trust, 1 and ABCO Insurance Agency, Inc., sued.

¶2 With this appeal, their lawsuit has made its way to this court for a fourth time. The lenders and the Dewsnups have also seen action on a second front, through a bankruptcy court action that finally ended in a ruling by the…