Patrick Malloy Communities, LLC v. Community & Southern Bank

BARNES, Presiding Judge.

Patrick Malloy Communities, LLC (“PMC”) and J. Patrick Malloy, Jr. (hereinafter the “appellants”) appeal the trial court’s grant of summary judgment in favor of Community & Southern Bank (“CSB”) on CSB’s claims for breach of a promissory note and guaranty. The appellants contend that CSB failed to prove, through competent evidence, that CSB had been assigned the rights to the note and guaranty by the Federal Deposit Insurance Corporation (“FDIC”), as receiver for the failed bank that previously held those debt instruments. Consequently, the appellants contend that CSB…