Buck's Sporting Goods, Inc. of Tulsa v. First National Bank & Trust Co. of Tulsa

KAUGER, Justice.

Certiorari was granted to consider a single issue: whether there are material issues of fact in controversy concerning the alleged breach of the credit agreement which must be determined by the trier of fact. 1 We find that there are.

FACTS

The appellant, Buck’s Sporting Goods of Tulsa (Buck’s/borrower), sold sporting goods. The majority of Buck’s business came from selling equipment to schools. In 1964, Buck’s entered into a line of credit agreement with the appellee, First National Bank & Trust Company of Tulsa (First Tulsa/bank/lender). The agreement was updated in 1980 and…