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ST SYSTEMS CORP. v. MARYLAND NATIONAL BANK

No. 1856, Sept. Term, 1995.

684 A.2d 32 (1996)

112 Md. App. 20

ST SYSTEMS CORPORATION v. MARYLAND NATIONAL BANK.

Court of Special Appeals of Maryland.

November 1, 1996.

Attorney(s) appearing for the Case

Jeffrey W. King (Jeffrey L. Poston and King, Pagano & Harrison, on the brief), Washington, DC, for Appellant.

Ava Lias-Booker (Rebecca L. Dietz, Gordon, Feinblatt, Rothman, Hoffberger & Hollander, LLC, Charles O. Monk, II and Weinberg & Green LLC, on the brief), Baltimore, for Appellee.

Argued before FISCHER and DAVIS, JJ., and JOHN J. BISHOP, Judge (Ret'd, specially assigned).

FISCHER, Judge.

ST Systems Corporation (STX) appeals from an order by the Circuit Court for Montgomery County that entered judgment in favor of Maryland National Bank (MNB). Specifically, the circuit court found: (1) that MNB did not breach contractual obligations with respect to the alleged Alternative Loan Agreement (ATL) and the 12/5 proposal, which increased STX's credit line to $12,000,000 and gave STX a $5,000,000 term...

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