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BLUE RIDGE BANK, INC. v. CITY OF FAIRMONT

No. 16-1006.

807 S.E.2d 794 (2017)

BLUE RIDGE BANK, INC., Petitioner and Defendant Below v. CITY OF FAIRMONT, A West Virginia Municipal Corporation, Respondent and Plaintiff Below.

Supreme Court of Appeals of West Virginia.

Filed: November 14, 2017.

Attorney(s) appearing for the Case

Webster J. Arceneaux, III, Esq. , Spencer D. Elliott, Esq. , Lewis, Glasser, Casey & Rollins, PLLC, Charleston, West Virginia, Counsel for the Petitioner.

S. Sean Murphy, Esq. , Morgantown, West Virginia, Counsel for the Respondent.

Kevin V. Sansalone, Esq. , Fairmont, West Virginia, Counsel for the Respondent.

In this case, the City of Fairmont ("the City") entered into a lease purchase agreement for equipment with Comvest, Ltd. In the agreement, Comvest agreed to pay for the City's acquisition of equipment in exchange for monthly lease purchase payments from the City. Comvest assigned its interest in the lease purchase agreement, including...

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