Alimissis v. Nanos

The defendant, Andy Nanos, appeals from the circuit court order which granted the plaintiff, Bias Alimissis, summary judgment in his suit for breach of contract and, thereafter, denied the defendant’s motion to reconsider that order.

The contract which it was alleged Andy Nanos (Nanos) had breached was executed on September 10, 1985. In that document, IIias Alimissis (Alimissis) had agreed to loan Nanos 17,000 shares of Electronic Missile Communication stock for six months and Nanos agreed to return the stock on February 10, 1986, “so that the said Alimissis would be constituted whole and not…