Jim Suzich v. Frank Booker and wife, Beverly Booker and John S. Bomar, Trustee, Katie Winchester, Trustee, and First Citizens National Bank

Case Number
W2011-02583-COA-R3-CV

This appeal involves a construction loan obtained by the plaintiffs for the construction of a new home. The loan proceeds were exhausted prior to the completion of the home. The plaintiffs then sued the lender bank for breach of contract, alleging that the bank had a duty
to inspect the construction prior to disbursing funds, and that its failure to complete inspections resulted in improper disbursement of the loan funds. The trial court granted summary judgment to the bank upon concluding that the bank had no contractual duty to
inspect the construction of the residence. The plaintiffs appealed. We affirm.

Authoring Judge
Presiding Judge Alan E. Highers
Originating Judge
Judge Kenny W. Armstrong
Case Name
Jim Suzich v. Frank Booker and wife, Beverly Booker and John S. Bomar, Trustee, Katie Winchester, Trustee, and First Citizens National Bank
Date Filed
Dissent or Concur
No
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