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UNITED VIRGINIA BANK v. AIR-LIFT ASSOCIATES, INC.

No. 8510SC271.

339 S.E.2d 90 (1986)

UNITED VIRGINIA BANK v. AIR-LIFT ASSOCIATES, INC.; John T. Hoffman; John Googe; Arnol Bowling, Executrix of the Estate of Dossitt R. Bowling; and Henry P. Pramov, Jr.

Court of Appeals of North Carolina.

February 4, 1986.

Attorney(s) appearing for the Case

Atty. Gen. Lacy Thornburg by Sp. Deputy Atty. Gen. James C. Gulick and Asst. Atty. Gen. John F. Maddrey, Dept. of Justice, Raleigh, amicus curiae.

Hunton & Williams by Edgar M. Roach, Jr., Stephani W. Humrickhouse and Thomas A. Knoth, Raleigh, for plaintiff-appellee.

Barringer, Allen and Pinnix by Noel L. Allen, William D. Harazin and Miriam J. Baer, Raleigh, for defendants-appellants.

COZORT, Judge.

Plaintiff brought this action seeking a deficiency judgment against defendants on a promissory note executed by defendant Air-Lift Associates, Inc., and guaranteed by the individual defendants. Defendants counterclaimed alleging unfair trade practices and breach of fiduciary duty. The plaintiff filed for a partial judgment on the pleadings seeking dismissal of defendants' counterclaims. The trial court granted...

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