[Download] "Johnson V. Olympic Liquidating Trust" by Alaska Supreme Court * eBook PDF Kindle ePub Free
eBook details
- Title: Johnson V. Olympic Liquidating Trust
- Author : Alaska Supreme Court
- Release Date : January 30, 1998
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 63 KB
Description
James Johnson, Edye Risener and Al Risener appeal the superior court's grant of summary judgment holding them liable on a non- negotiable promissory note. They contend that the note was procured by fraud and is avoidable. Assuming that part of the note is touched by fraud, we conclude that they may not avoid the portion of the note representing valid debt. We affirm the superior court as to the grant of summary judgment. We reverse the superior court's award of attorney's fees to the Olympic Liquidating Trust, and remand for further proceedings.