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Home / Opinion Digests / Contract / Contract – Promissory Note – Lender’s Loss of Note – Assignee – Guarantor – Unconscionability (access required)

Contract – Promissory Note – Lender’s Loss of Note – Assignee – Guarantor – Unconscionability (access required)

Emerald Portfolio, LLC v. Outerbanks/Kinnakeet Associates, LLC (Lawyers Weekly No. 011-301-16, 14 pp.) (Valerie Zachary, J.) Appealed from Dare County Superior Court (Cy Grant, J.) N.C. App. Holding: Where the lending bank lost a promissory note before assigning it to plaintiff, plaintiff may not enforce the note. We affirm summary judgment against the defendant-guarantor but reverse summary ...

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