Legal Opinion

Cranfill v. Union Planters Bank, N.A.

Court of Appeals of Arkansas

Decided April 14, 2004No. CA 03-1064PublishedCited by 16 opinions

1Opinion of the Court

John Mauzy Pittman, Judge.

This is an appeal from the Craighead County Circuit Court’s entry of judgment to appellee Union Planters Bank against appellant G. Lee Cranfill, M.D., in the amount of $136,570. The central issue in this appeal is whether appellant was primarily hable on that debt or whether he was simply an accommodation party and, thus, only a surety on it. We hold that he was primarily Hable on the debt and affirm the circuit court’s decision.

Factual and Procedural History

Appellant, a physician, was a shareholder of Northeast Arkansas Internal Medicine Clinic, P.A. (Clinic), in…

2Cases cited40 opinions

  1. First Nat. Bank of Crossett v. GriffinSupreme Court of Arkansas · 1992
  2. Continental Casualty Company v. DavidsonSupreme Court of Arkansas · 1971
  3. Stephens v. Arkansas School for the BlindSupreme Court of Arkansas · 2000
  4. Smith v. Prudential Property & Casualty InsuranceSupreme Court of Arkansas · 2000
  5. Fowler v. Unionaid Life InsuranceSupreme Court of Arkansas · 1929

35 more not listed; retrieve them via the Exa API.

3Cited by16 opinions

  1. Deltic Timber Corp. v. NewlandCourt of Appeals of Arkansas · 2010
  2. Vogelgesang v. U.S. Bank, N.A.Court of Appeals of Arkansas · 2005
  3. Southern Construction, LLC v. Christopher Caleb HortonCourt of Appeals of Arkansas · 2020
  4. Board of County Commissions v. Park County Sportsmen's Ranch, LLPColorado Court of Appeals · 2011
  5. Thornton Drilling Co. v. National Union Fire InsuranceCourt of Appeals for the Eighth Circuit · 2008

11 more not listed; retrieve them via the Exa API.

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