Chandler v. Virciglio

Gerald Chandler appeals from a judgment of the Jefferson Circuit Court enforcing a jury verdict of $15,000 returned in favor of Sam A. Virciglio, Jr., for amounts due on a loan. We reverse and remand.

On January 27, 2006, Virciglio filed in the trial court a complaint that asserted claims of breach of contract and equitable estoppel relating to a $20,000 loan that Virciglio had made to Chandler. In the complaint Virciglio stated that the loan was subject to an oral agreement that it would be payable on demand, that Virciglio had made a written demand on the loan on January 3, 2006, and that…