United Virginia Bank v. Air-Lift Associates, Inc.

COZORT, Judge.

Plaintiff brought this action seeking a deficiency judgment against defendants on a promissory note executed by defendant Air-Lift Associates, Inc., and guaranteed by the individual defendants. Defendants counterclaimed alleging unfair trade practices and breach of fiduciary duty. The plaintiff filed for a partial judgment on the pleadings seeking dismissal of defendants’ counterclaims. The trial court granted the plaintiff’s motion. The defendants appealed. We affirm the trial court’s dismissal of the counterclaims.

On 27 August 1980, plaintiff United Virginia Bank, a Virginia…