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APARTMENT INV. & MGT. v. NAT. LOAN INVESTORS

Record Nos. 982474, 982475.

518 S.E.2d 627 (1999)

APARTMENT INVESTMENT AND MANAGEMENT COMPANY v. NATIONAL LOAN INVESTORS, L.P. Winthrop Management, et al. v. National Loan Investors, L.P.

Supreme Court of Virginia.

September 17, 1999.

Attorney(s) appearing for the Case

John D. Epps (Eric G. Reeves; Hunton & Williams, on briefs), Richmond, for appellants (Record No. 982474).

David G. Shuford (Vernon E. Inge, Jr.; LeClair & Ryan, on briefs), Richmond, for appellants (Record No. 982475).

Stephen A. Northup (Robert A. Angle; Mays & Valentine, on brief), Richmond, for appellee.

Present: All the Justices.

KEENAN, Justice.

In this appeal, we consider whether the trial court erred in awarding judgment based on a promissory note, which was assigned without the consent of the maker in violation of a requirement stated in the note.

This appeal arises from financial transactions involving various related business entities in the commercial real estate industry. The parent organization is Winthrop Financial Associates, L.P. (Winthrop Financial), which is the sole...

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