1. Home
  2. Browse Decisions
  3. S.E.2d
  4. 515 S.E.2d
  5. 515 S.E.2d 51 (1999)
 

FIRST-CITIZENS BANK v. 4325 PARK ROAD

No. COA98-977.

515 S.E.2d 51 (1999)

FIRST-CITIZENS BANK & TRUST COMPANY, Plaintiff-Appellee, v. 4325 PARK ROAD ASSOCIATES, LTD., Lat W. Purser, III, Thomas E. Norman, and E. Judson McAdams, Defendants-Appellants.

Court of Appeals of North Carolina.

May 4, 1999.

Attorney(s) appearing for the Case

Ward and Smith, P.A., by Louise W. Flanagan and Michael P. Flanagan, Greenville, for plaintiff appellee.

James H. Wade, Charlotte, for defendant appellants.

HORTON, Judge.

The issues for determination by this Court are (I) whether defendants are individually liable for the entire balance due on the installment note to a maximum of $300,000.00 each, or whether they are jointly and severally liable for a maximum amount of $300,000.00; and (II) whether defendant guarantors are liable for reasonable attorney fees pursuant to N.C. Gen.Stat. § 6-21.2.

I.

All parties agree that they executed the installment...

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