Oraka v. Jaraysi

Eldridge, Judge.

This is an appeal from the grant of a renewed motion for summary judgment for appellee, Lee F. Jaraysi, on his suit on a deficiency on two notes secured by a deed to secure debt and a recorded UCC financing statement and on appellants’ counterclaim for fraud and racketeering. The trial court denied the initial motion for summary judgment.

On July 16, 1994, appellants, Emeka Sammy Oraka and his wife, Chika C. Oraka, entered into a purchase and sale agreement and closed with appellee on the same day for an automobile service station, mini-mart, laundry, and restaurant known as…