McCafferty v. Oxford American Literary Project, Inc.

|Appellant James McCafferty -appeals the circuit-court’s grant of summary judgment on his illegal-exaction claim against appellee The Oxford American Literary Project. Inc. ' (“Oxford American”). McCafferty’s suit arises from a loan made to Oxford American from the University of Central Arkansas (“UCA”) out of its cash funds. The circuit court found that McCafferty’s illegal-exaction claim failed as a matter of law because the funds at issue were not derived from taxes. We agree and affirm the circuit court.

McCafferty filed an illegal-exaction lawsuit against Oxford American asserting that…