People's Bank v. Arm Enterprises, Inc., No. 285171 (Aug. 27, 1996)

[EDITOR'S NOTE: This case is unpublished as indicated by the issuing court.]MEMORANDUM OF DECISION The plaintiff, People's Bank (People's), has filed a three count amended complaint seeking to collect on a note executed by the defendant, ARM Enterprises, Inc., and guarantees executed by the defendants, ARM Properties, Inc., Archie R. McCardell and Margaret M. McCardell. The defendants have filed their answer, special defenses and a nine count counterclaim. In their counterclaim, the defendants allege that People's is liable for breach of contract, breach of the implied duty of good faith and…