Schmahl v. A.V.C. Enterprises, Inc.

The circuit court granted plaintiff-appellee, John Schmahl, summary judgment in his action to collect on an overdue promissory note executed by defendant-appellant Anthony Caccomo and his company, A.V.C. Enterprises, Inc. The court did so after appellant had admitted liability on that debt, and after appellee had dropped his initial demand for compound interest rather than simple interest on the debt. In ruling, the court rejected appellant’s claim that summary disposition was premature because of questions as to the adequacy of appellant’s tender of payment and the related question of…