Land Developer Blames Arkansas Bank For Ch. 11

Law360, New York (October 31, 2013, 5:54 PM ET) -- Panther Mountain Land Development LLC filed a complaint in Arkansas federal bankruptcy court Thursday, seeking $2 million in damages from the National Bank of Arkansas for allegedly forcing Panther Mountain into bankruptcy and then abusing the judicial system with excessive litigation during bankruptcy proceedings.

In a complaint filed with the Eastern District of Arkansas, PMLD and owners Barry and Dana Kellerman charged the National Bank of Arkansas with abuse of process and interference with business relations and expectancy, saying they became close with an associate at...
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