PREFERRED SAVINGS BANK, INC. v. Elkholy

Shaw, Judge:

Respondent Preferred Savings Bank, Inc., instituted this action against appellants Abdo and Margaret Elkholy seeking recovery of $124,000 in earnest money for the breach of twenty real estate contracts. The Elkholys counterclaimed alleging breach of contract, breach of contract accompanied by a fraudulent act, fraud, and unfair trade practices. The Elkholys moved to transfer the case to the jury roster, which was denied. The case was referred by consent to the Master-in-Equity, who directed a verdict for Preferred on each of the Elkholys’ counterclaims except the action for breach…