ROC-Century Associates v. Giunta

LIPEZ, Justice.

Anthony J. Giunta, Esq., personal representative of the estate of Stella Saltonstall, appeals from a judgment entered in the Hancock County Probate Court (Paterson, J.) in favor of ROC-Century Associates (ROC) for post-death interest on the debt evidenced by a promissory note of the decedent. ROC cross-appeals, challenging the rate of interest awarded by the court. We affirm the judgment.

ROC made a loan of $1,000,000 to Stella Saltonstall on December 30, 1986.1 To evidence her debt, Saltonstall signed and delivered a promissory note to ROC. The terms of the note provided that…