New Crawford Valley, Ltd. v. Benedict

Opinion by

Judge CRISWELL.

Plaintiff, New Crawford Valley, Ltd., appeals the trial court’s judgment dismissing the claims asserted by it against the defendants, Malcolm H. Benedict and David R. Allen. We affirm in part, reverse in part, and remand for further proceedings.

Prior to commencing this action, plaintiff, a limited partnership, had obtained a judgment against Benedict Nuclear Pharmaceuticals, Inc., a publicly held corporation (the corporation), and one of its subsidiaries based upon the corporation’s execution of a note payable to plaintiff, secured by a deed of trust encumbering land…