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Home / Opinion Digests / Contract / Contract – Unfair Trade Practices Claim – Commercial – Promissory Note – Banks & Banking (access required)

Contract – Unfair Trade Practices Claim – Commercial – Promissory Note – Banks & Banking (access required)

SunTrust Bank v. Bryant/Sutphin Properties, LLC Although defendants contended that the plaintiff-bank committed unfair practices separate from the parties’ contracts, in alleging these “separate” acts, defendants were really claiming that the bank acted outside of its authority under the contract; this is a breach of contract. Since the jury found that the bank had not breached the parties’ contracts, the trial court should not have concluded that the bank violated G.S. § 75-1.1.

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