Rylwell, L.L.C. v. Arkansas Development Finance Authority

Annabelle Clinton Imber, Justice.

The instant appeal arises from a suit to quiet title and foreclose filed by Appellee Arkansas Development Finance Authority (“ADFA”), a state agency, against Allcon Enterprises, Inc. (“Allcon”), National Bank of Arkansas (“NBA”), and Appellants Rylwell, L.L.C. (“Rylwell”) and Pulaski Lands, L.L.C. (“Pulaski Lands”). The Circuit Court of Pulaski County ruled in favor of ADFA, granting it a judgment against Allcon in the amount of $239,750.02, along with pre- and post-judgment interest and reasonable attorneys’ fees, and declaring that any existing or potential…