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Creditors & Debtors Law - Proceedings - Appeals and judicial review - Practice and procedure - Parties - Standing - Evidence

Thursday, September 01, 2016 @ 8:00 PM  

Appeal by the defendant, Darc, from a summary trial order requiring repayment of three loans to the plaintiff, Strother. The parties were longstanding friends and business partners. In the past, the defendant provided financial assistance to the plaintiff and his wife during litigation that temporarily froze the plaintiff’s assets. In 2012, the defendant was in need of cash. The plaintiff made three loans to the defendant totaling $445,000. The first loan of $300,000 was made in September 2012 and evidenced by a promissory note that contemplated...