Peoples Bank of Elk Valley v. Conagra Poultry Co.

OPINION

LEWIS, Judge.

Plaintiff, The Peoples Bank of Elk Valley (Bank), filed its complaint against ConAgra Poultry Company (ConAgra) and sought a declaratory judgment determining the rights and obligations of the parties pursuant to an alleged agreement between the parties. The Bank also sought a money judgment against defendants, Michael W. Armstrong, Donna S. Armstrong and Harold Armstrong, on notes executed and delivered by these defendants to the Bank.1

ConAgra answered, denying all material allegations of the complaint, and filed a counterclaim in which it sought damages from the Bank for…