Cooperative Finance Ass'n, Inc. v. Garst

TABLE OF CONTENTS

I. INTRODUCTION.1363

II. STANDARDS FOR SUMMARY JUDGMENT.1365

III. FINDINGS OF FACT.1367

A Undisputed Facts.1367

B. Disputed Facts .1370

IV. LEGAL ANALYSIS . H-i CO ( — l

A David Garst’s Counterclaim 1 — *■ 00 1 — L

1. Procedural posture of the review of the order striking the counterclaim . 1371

2. The standard of review. 1372

3. Propriety of striking the counterclaim. 1373

4. Striking of “defenses”. 1377

B. CFA’s Claim. 1378

1. Is CFA entitled to judgment on the note?. 1378

a. Greenwald’s authority to draw against the line of credit_ 1378

i. The partnership agreement. 1378

ii. The power of…