Precision Theatrical Effects, Inc. v. United Banks, N.A.

¶1 Precision Theatrical Effects, Inc. (“PTE”), and Russell R. Nickel, in his individual capacity, filed a complaint in the Twenty-Second Judicial District Court alleging three counts against United Banks, N.A. (“United”). United moved for summary judgment on all issues, while PTE and Nickel moved for partial summary judgment. The court granted summary judgment to United on all three issues and denied plaintiffs’ motion.

¶2 We restate the issues as follows:

¶3 1. Did the District Court err in concluding, as a matter of law, that since PTE and Nickel defaulted on the bank loans, United did not…