Simmons First Bank v. Bob Callahan Services, Inc.

Donald L. Corbin, Justice.

This case involves an issue of first impression regarding the priority of liens as between a general contractor and a bank. Appellant Simmons First Bank of Arkansas (Simmons) appeals the judgment of the Pulaski County Chancery Court awarding $250,528.05, plus interest, from a foreclosure sale to Appellee Bob Callahan Services, Inc. (Callahan). There are four points on appeal and one point on cross-appeal. Resolution of these issues requires our interpretation of the laws regarding mechanics’ and materialmen’s liens. See Ark. Code Ann. §§ 18-44-101 to -135 (1987 and…