Chesapeake House on the Bay, Inc. v. Virginia National Bank

The sole question presented by this appeal is whether the trial court correctly refused to permit a substitution of parties plaintiff where the original plaintiff had no standing to maintain the action.

The Chesapeake House on the Bay, Inc. (Chesapeake), an incorporated association of condominium unit owners, brought this action against Virginia National Bank (VNB) in 1978 to recover damages for alleged defects in the construction of the common elements of a condominium project in Virginia Beach. The motion for judgment alleged that VNB, as a construction lender, had negligently failed to…