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PURCELL v. SCHWEITZER

No. D063435.

224 Cal.App.4th 969 (2014)

169 Cal. Rptr. 3d 90

LENNOX A. PURCELL, Plaintiff and Appellant, v. MICHAEL SCHWEITZER, Defendant and Respondent.

Court of Appeals of California, Fourth District, Division One.

February 24, 2014.

Attorney(s) appearing for the Case

Soden & Steinberger, Robert J. Steinberger, Jason W. Cobberly; Boudreau Williams and Jon R. Williams for Plaintiff and Appellant.

The Perry Law Firm, Michael R. Perry, Larry M. Roberts and Michelle A. Hoskinson for Defendant and Respondent.

OPINION

NARES, Acting P. J. —

This action arises out of a promissory note in the amount of $85,000 given by defendant Michael Schweitzer to plaintiff Lennox A. Purcell. After Schweitzer defaulted on the promissory note, Purcell brought a lawsuit seeking to recover the monies he had loaned him. The parties settled the action, with Schweitzer agreeing to pay the sum of $38,000, along with interest at the rate of 8.5 percent, in installments...

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