St. Edmond's Federal Savings Bank v. Victor Custom Homes Inc.

ALBRIGHT, J.,

The Defendants, Victor Custom Homes Inc. (VCH), James Hoffman and Karen Hoffman appeal from the trial court’s order, dated *147June 22, 2009, denying the defendants’ motion for post-trial relief.1 For the reasons that follow, the undersigned believes that the order aforementioned should be affirmed.

FACTUAL AND PROCEDURAL BACKGROUND

This lawsuit arises out of VCR’s default on a $2,115,036 loan provided to it by the plaintiff and acknowledged by a promissory note, dated November 1, 2006, signed by VCH’s president, James Hoffman. The defendants herein, the Hoffmans, each agreed, pursuant…