Legal Opinion

Brad's Industries, Inc. v. Coast Bank

Supreme Court of Alabama

Decided March 29, 1985No. 83-490PublishedCited by 5 opinions

1Opinion of the Court

Appellee, Coast Bank, a California banking corporation, commenced this action by filing its complaint seeking recovery from appellant, Brad's Industries, Inc. (Brad's), a California corporation, on a promissory note, and from other individual defendants, on their guarantees on that note.

The individual defendants filed their answer, alleging the note was part of an agreement whereby Coast Bank would extend credit to Brad's over a period of time, and that Coast Bank had failed to keep the agreement.

The answer filed by Brad's alleged in more detail the agreement that Coast Bank was to take over…

2Cases cited4 opinions

  1. Rohner, Gehrig & Company v. Capital City BankCourt of Appeals for the Fifth Circuit · 1981
  2. Imperial Enterprises, Inc., D/B/A Imperial Carpet Mills, Inc., Plaintiff-Appellant-Cross v. Fireman's Fund Insurance Company, Defendant-Appellee-CrossCourt of Appeals for the Fifth Circuit · 1976
  3. Brad's Industries, Inc. v. Coast BankSupreme Court of Alabama · 1983
  4. Zerostat Components, Ltd. v. Shure Bros.District Court, N.D. Illinois · 1981

3Cited by5 opinions

  1. Parsons Steel, Inc. v. BeasleySupreme Court of Alabama · 1992
  2. Wells v. Geneva County Board of EducationCourt of Civil Appeals of Alabama · 1994
  3. Walker v. North American Savings BankCourt of Civil Appeals of Alabama · 2013
  4. Eason v. BynonCourt of Civil Appeals of Alabama · 2002
  5. Cohutta Mills, Inc. v. Dover CarpetsCourt of Civil Appeals of Alabama · 1987

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