Eliopulos v. Knox
Idaho Court of Appeals
1Opinion of the Court
WALTERS, Chief Judge.
This is an appeal from an order of summary judgment partially dismissing a third-party complaint against the individual directors of a bank. For the reasons below, we affirm.
Facts and Procedural Background
The relevant facts are as follows. Sometime in the mid-1980’s, Petro Eliopulos founded Northwest Land Management, Inc., (Northwest), an Idaho corporation in the business of purchasing and selling orchards and other investment properties. Northwest took out several large loans with Idaho State Bank, (ISB), loans that Petro and his wife, Janet, personally guaranteed. In…
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