Legal Opinion

Tennessee Bank & Trust v. Scott Michael Boruff

Court of Appeals of Tennessee

Decided March 15, 2022No. M2021-00552-COA-R3-CVPublished

1Opinion of the Court

03/15/2022 IN THE COURT OF APPEALS OF TENNESSEE AT NASHVILLE Assigned on Briefs December 1, 2021 TENNESSEE BANK & TRUST V. SCOTT MICHAEL BORUFF Appeal from the Circuit Court for Davidson County No. 19C2796 Hamilton V. Gayden, Jr., Judge No. M2021-00552-COA-R3-CV A bank brought an action against a borrower for failure to repay a promissory note. The borrower asserted that the bank failed to mitigate its damages by failing to sell the shares of stock it held as collateral to pay off the loan at a time when the stock’s value was high. After a bench trial, the trial court granted judgment in…

2Cases cited18 opinions

  1. Bowden v. WardTennessee Supreme Court · 2000
  2. Guiliano v. Cleo, Inc.Tennessee Supreme Court · 1999
  3. Planters Gin Co. v. Federal Compress & Warehouse Co.Tennessee Supreme Court · 2002
  4. Realty Shop, Inc. v. RR Westminster Holding, Inc.Court of Appeals of Tennessee · 1999
  5. Ganzevoort v. RussellTennessee Supreme Court · 1997

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