Sawnee Forest, LLC v. Cre Venture 2011-1, LLC

PHIPPS, Presiding Judge.

CRE Venture 2011-1, LLC (“CRE”) sued Sawnee Forest, LLC 1 to collect sums allegedly owed it under a promissory note. Sawnee Forest appeals from an order granting partial summary judgment on the issue of liability in favor of CRE. The trial court found that CRE was the assignee of certain assets from the Federal Deposit Insurance Corporation (“FDIC”) as receiver for Crescent Bank and Trust Company and was therefore the real party in interest with the right to sue for the amount due. Finding no error, we affirm.

Summary judgment is proper when there is no genuine issue of…