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PANTUSO MOTORS, INC. v. CORESTATES BANK, N.A.

745 A.2d 614 (1999)

PANTUSO MOTORS, INC., Alfred D. Pantuso, Sr. and Judith Pantuso, Appellees, v. CORESTATES BANK, N.A., Successor-In-Interest to Third National Bank & Trust Company of Scranton, Appellant.

Superior Court of Pennsylvania.

Filed November 30, 1999.

Reargument Denied February 11, 2000.

Attorney(s) appearing for the Case

Jeffry W. Duffy, Reading, for appellant.

Armand E. Olivetti, Jr., Scranton, for appellees.

Before HUDOCK, EAKIN and MONTEMURO, JJ.

MONTEMURO, J.

¶ 1 These cross appeals lie from an order of the Court of Common Pleas of Lackawanna County granting Appellees' motion for judgment on the pleadings, and from a judgment awarding to Appellees the amount of $235,858.36, in an action to recover liquidated damages.

¶ 2 In 1990, Appellees received from Appellant1 a revolving line of credit of $400,000.00 secured by...

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