Arkansas Development Finance Authority v. Jean Wiley and Rosalind Williams

Summary

The court held that the Arkansas Development Finance Authority was entitled to sovereign immunity and that the plaintiffs' complaint did not plead sufficient facts to invoke the exception for illegal, unconstitutional, or ultra vires conduct. Reviewing the matter as an interlocutory appeal from the denial of a motion to dismiss, the court concluded that the complaint failed to state viable contract, fiduciary-duty, unjust-enrichment, fraud, or negligence claims against ADFA. The court therefore reversed the circuit court and dismissed the claims against ADFA.