Peoples Bank & Trust Co. v. Price

OPINION

BAILEY, Judge

Case Summary

Appellant-Plaintiff Peoples Bank & Trust Co. (“Peoples”) brings this interlocutory appeal of the denial of its motion for summary judgment in its lawsuit based on three promissory notes executed by Appellee-Defendant Henry J. Price (“Price”). We reverse.

Issue

The dispositive issue may be restated as whether Peoples is entitled to summary judgment in its action to collect on three promissory notes executed by Price.

Facts

The operative facts are undisputed. In 1995, Price and Timothy Luther (“Luther”) entered into an arrangement to finance the purchase of luxury…