770 PPR, LLC v. TJCV Land Trust
District Court of Appeal of Florida
1Opinion of the CourtCiklin, J.
Because the issues presented by the parties are virtually identical, we sua sponte consolidate these cases.
In October of 2006, 770 PPR, LLC obtained a loan from Seacoast National Bank, a national banking association (“the bank”) in exchange for a mortgage on its restaurant site. Also, in October of 2006, the bank extended a loan to 140 Associates, Ltd., in exchange for a mortgage on its office building. Both loans were personally guaranteed by Gregory Talbott. After both loans went into default, the bank sued to foreclose the mortgage lien and recover the personal guaranty made by Talbott. On…
2Cases cited23 opinions
- Hines v. DavidowitzSupreme Court of the United States · 1941
- Rice v. Santa Fe Elevator Corp.Supreme Court of the United States · 1947
- Jones v. Rath Packing Co.Supreme Court of the United States · 1977
- Hillsborough County v. Automated Medical Laboratories, Inc.Supreme Court of the United States · 1985
- California Federal Savings & Loan Ass'n v. GuerraSupreme Court of the United States · 1987
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