Huntington National Bank v. K-Cor, Inc.
Superior Court of Pennsylvania
1Opinion of the Court
OPINION BY
BENDER, P.J.E.:
K-Cor, Inc. (Appellant) appeals from the order entered on July 12, 2013, denying its petition to strike or open judgment entered by confession. We affirm.
The following facts are not in dispute. This case involves guarantees on two commercial loans. In November 2000, Hun-tingdon National Bank’s predecessor, Sky Bank, entered into a loan agreement with Rock Airport of Pittsburgh, LLC (Airport LLC), pursuant to which the bank loaned $3,000,000 to Airport LLC. Appellant guaranteed the loan. The guaranty provides for judgment by confession in the event of a default on the…
2Cases cited17 opinions
- Provident National Bank v. RooklinSuperior Court of Pennsylvania · 1977
- Commonwealth v. PriceSuperior Court of Pennsylvania · 2005
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