MORTORO v. MALONEY

No. 90-1091.

580 So.2d 822 (1991)

Glenn O. MORTORO, Appellant/Cross-Appellee, v. John L. MALONEY, et al., Appellees/Cross-Appellants.

District Court of Appeal of Florida, Fifth District.

May 16, 1991.


Attorney(s) appearing for the Case

Charles W. Ross and Stephen C. Chumbris of Greene and Mastry, P.A., St. Petersburg, for appellant, cross-appellee.

Joseph E. Johnston, Jr. of Johnston and Sasser, P.A., Brooksville, and Thomas B. Mimms, Jr., of MacFarlane, Ferguson, Allison and Kelly, Tampa, for appellees, cross-appellants.


HARRIS, Judge.

In 1985, Glenn O. Mortoro, joined by his wife, executed a $1,800,000 note to Sun Bank to obtain funds to purchase a majority interest in an automobile dealership owned by John Maloney, Robert Sanctuary and Richard Cason. The note was secured by various deposit accounts.

Mortoro defaulted and the bank applied the security to the indebtedness leaving a balance of $300,000. Sun Bank agreed to release Mortoro and his wife from their remaining obligation...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases