First Security Federal Savings Bank, Inc. v. McQuilken

In this appeal, the plaintiff, a party to a release agreement, challenges the trial court’s exclusion of parol evidence offered to prove that the release was not intended to benefit the defendants.

On August 9, 1995, First Security Federal Savings Bank, Inc. (First Security) filed a motion for judgment against Jane McQuilken, John C. Myers, Mary D. Greenway, and Edward G. Heck (collectively, the former employees), and others. First Security alleged that the former employees left its employ to form Security Capital, Inc., “d/b/a Mortgage Capital Investors,” and that the former employees…