PNC Bank, N.A. v. Progressive Employer Services II
District Court of Appeal of Florida
1Opinion of the CourtCiklin, J.
PNC Bank, N.A. appeals the trial court’s final order granting summary judgment in favor of Progressive Employer Services, LLC, et al. (collectively referred to as “the borrowers”) on the borrowers’ claim that PNC Bank breached the credit agreement entered into between the parties. We reverse as PNC Bank did not breach the credit agreement since the borrowers could only early terminate the fixed two-year agreement upon ninety days’ advance notice which the borrowers admit that they did not provide.
In June 2005, PNC Bank and the borrowers executed a two-year revolving credit and security…
2Cases cited11 opinions
- Volusia County v. Aberdeen at Ormond BeachSupreme Court of Florida · 2000
- Burger King Corp. v. WeaverCourt of Appeals for the Eleventh Circuit · 1999
- Miller v. KaseDistrict Court of Appeal of Florida · 2001
- YUN ENTERPRISES, LTD. v. GrazianiDistrict Court of Appeal of Florida · 2003
- Gomez v. FradinDistrict Court of Appeal of Florida · 2010
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3Cited by23 opinions
- Federal Home Loan Mortgage Corporation v. James BeekmanDistrict Court of Appeal of Florida · 2015
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- THE BURGESS LAW FIRM, P.A. and FREDERICK BURGESS v. JBJ INVESTMENT OF S. FLORIDA, INC.District Court of Appeal of Florida · 2018
- Branscombe v. Jupiter Harbour, LLCDistrict Court of Appeal of Florida · 2011
- John M. Floyd & Associates, Inc. v. First Florida Credit UnionCourt of Appeals for the Eleventh Circuit · 2011
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