The Hutchisons and two others signed a promissory note to borrow $5 million in 2006 to buy the now-closed Dean Stalling Ford dealership in Oak Ridge. In the counter suit, Hutchison says he sold the stock in 2008 when his investment wasn't working.
On Aug. 2, 2007, Keleher Development executed a promissory note for $623,981.06, and on Aug. 28, 2007, it borrowed $215,325. On Aug. 5, 2006, Keleher Development borrowed $450,000 and on Aug. 26, 2005, it borrowed $1,631,070. Again on March 7, 2007 ...
The suit alleges that in June 2007, the promissory note was renewed in the principal sum of $4.8 million. Hutchison’s filing acknowledges the initial agreement but counters that he and his wife were unaware of the renewal and did not sign it.
An important financial resource for many students will no longer be available next semester. The Office of Student Finance has changed its policy so that students will not be able to take out promissory notes. A promissory note is an agreement ...
There’s a promissory note on every loan,” Courchesne said. “So everything followed the same standards?” Jourdain said. “Yes,” Courchesne said. “So all the paperwork was the same?” Jourdain said. “For any of them,” Courchesne said.
In addition, each of the current holders of the 1,000,000 stock options, a CDN$750,000 principal amount convertible promissory note and a CDN$75,000 principal amount promissory note of Batavia will receive an equal number of replacement stock options ...
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Instantly
