Legal Opinion
Pritchard v. Amerika Samoa Bank
High Court of American Samoa
Decided October 21, 1988No. AP No. 2-88; AP No. 3-88Published
1Opinion of the Court
These cases come before the Appellate Division on the appeals of Ron Pritchard ("Ron") in No. 03-88 and Jette Pritchard ("Jette") in No. 02-88 who were found by the trial court in CA No. 118-87 to be liable to the Amerika Samoa Bank ("ASB") and the Development Bank of American Samoa ("DBAS") on a guaranty which they executed to secure loans made to business enterprises which they controlled.
On August 1, 1984, ASB loaned $275,000 to Samoa Air, Inc. ("Samoa Air"), a Hawaii corporation. The loan was secured by the individual continuing guarantees of Ron and Jette, respectively the President and…
2Cases cited6 opinions
- Turner Coleman, Inc. v. Ohio Construction & Engineering, Inc.Supreme Court of South Carolina · 1979
- Inter-Sport, Inc. v. WilsonSupreme Court of Arkansas · 1983
- Citizens Fidelity Bank & Trust Co. v. LamarCourt of Appeals of Kentucky · 1977
- Nevada State Bank v. SnowdenNevada Supreme Court · 1969
- Nu-Lite Electrical Wholesalers, Inc. v. DECKARD & TREADAWAY ELEC. AIR CONDITIONING & REFRIGERATIONLouisiana Court of Appeal · 1986
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