Grego v. South Carolina National Bank
Court of Appeals of South Carolina
1Opinion of the Court
Bell, Judge:
James Grego sued South Carolina National Bank for damages he claims were caused when SCN paid his check over a stop payment order. The case was tried before a jury. After. hearing all the evidence, the trial judge directed a verdict for SCN. Grego appeals. We reverse and remand for a new trial.
Grego was one of five investors in a restaurant owned by Mona, Inc. To obtain financing for the business, he was comaker and guarantor on a loan from First National Bank to Mona. Grego’s home secured the loan. By July 1980 the fifteenth installment on this loan was past due.
On July 30, 1980,…
2Cases cited3 opinions
- O'Neal v. Carolina Farm Supply of Johnston, Inc.Court of Appeals of South Carolina · 1983
- MacKey v. Kerr-McGee Chemical Co.Court of Appeals of South Carolina · 1984
- Carroll v. South Carolina Nat. BankSupreme Court of South Carolina · 1947
3Cited by6 opinions
- Vereen v. Liberty Life Insurance Co.Court of Appeals of South Carolina · 1991
- Barth v. BarthCourt of Appeals of South Carolina · 1985
- Borg Warner Acceptance Corp. v. DarbyCourt of Appeals of South Carolina · 1988
- Dunnigan v. First BankSupreme Court of Connecticut · 1991
- Best v. Dreyfus Liquid Assets, Inc.New Jersey Superior Court Appellate Division · 1987
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