Legal Opinion
John M. Abbott, LLC, Class Representative and All Others Similarly Situated v. Lake City Bank
Indiana Court of Appeals
Decided July 16, 2014No. 02A05-1402-PL-53PublishedCited by 24 opinions
1Opinion of the Court
OPINION
CRONE, Judge.
Case Summary
John M. Abbott, LLC (“Abbott LLC”), acting as class representative, filed a class action against Lake City Bank (“the Bank”), maintaining that the Bank breached the terms of its promissory note (“the Note”) executed in conjunction with certain commercial real estate loans. The dispute concerned the Bank’s use of a 365/360 interest calculation method and its alleged impact on the interest owed. The Bank filed a motion for summary judgment, which the trial court granted. Abbott LLC now appeals, asserting that genuine issues of material fact exist that render…
2Cases cited17 opinions
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- Beatty v. LaFountaineIndiana Court of Appeals · 2008
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3Cited by24 opinions
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- Edward Rusnak and Rebecca Rusnak v. Brent Wagner ArchitectsIndiana Court of Appeals · 2016
- Bryan Alexander, Karl Cameron, William Love, Charlie Lovins, Kevin McMurray and Matt Oelker, on behalf of themselves and all others similarly situated v. Linkmeyer Development II, LLCIndiana Court of Appeals · 2019
- The Bar Plan Mutual Insurance Company v. Likes Law Office, LLC Kevin L. Likes Rickey D. Whitaker and Cheryl L. WhitakerIndiana Court of Appeals · 2015
- Continental Insurance v. George J. Beemsterboer, Inc.District Court, N.D. Indiana · 2015
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