Texas Commerce Bank v. Olson
Court of Appeals of Minnesota
1Opinion of the Court
OPINION
PARKER, Judge.
Paul and Rosalie Olson appeal from a judgment entered following the trial court’s denial of their motion for a new trial or judgment notwithstanding the verdict as untimely and on the merits. The Olsons challenge instructions at trial, amendment of the complaint, evidentiary rulings and denial of the motion. We reverse.
FACTS
In March 1981 respondent Texas Commerce Bank loaned $1,875,000 to Cimmaron Oil Company. As collateral, the bank obtained a note for $500,000 that imposed joint and several liability on five guarantors, including Paul Olson. Olson filed a personal…
2Cases cited17 opinions
- Ryan v. Metropolitan Life Insurance Co.Supreme Court of Minnesota · 1939
- Snyder Electric Co. v. FlemingSupreme Court of Minnesota · 1981
- Chemlease Worldwide Inc. v. Brace, Inc.Supreme Court of Minnesota · 1983
- Kummet v. ThielenSupreme Court of Minnesota · 1941
- Stenzel v. BachSupreme Court of Minnesota · 1973
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3Cited by5 opinions
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- Northern States Power Co. v. Gas Services, Inc.Court of Appeals of Minnesota · 2004