Spears v. Overbey

OPINION

McKEAGUE, Circuit Judge.

Plaintiffs appeal the district court’s grant of summary judgment for the defendant in this attorney malpractice action. The action arises from defendant William Overbey’s representation of plaintiffs Palmer Hacker and Donald Spears. Over-bey represented the pair in the formation of Hacker/Spears LLC, and various tasks associated with the purchase of the Pacer Inn, a motel in Murray, Kentucky. As part of the purchase transaction, Hacker and Spears executed personal guaranties for one million dollars. The LLC defaulted on the loan payments, and the bank foreclosed…