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ROYAL BANK OF CANADA v. MAHRLE

No. 91 Civ. 2588.

818 F.Supp. 60 (1993)

ROYAL BANK OF CANADA, Plaintiff, v. Dale B. MAHRLE, Defendant.

United States District Court, S.D. New York.

April 2, 1993.

Attorney(s) appearing for the Case

Robert F. Serio, Gibson, Dunn & Crutcher, New York City, for plaintiff.

Nelson S. Chase, Farmington Hills, MI, for defendant.

OPINION AND ORDER

PRESKA, District Judge.

This is an action on a promissory note. Plaintiff has moved for summary judgment and for the reasons stated below, the motion is granted.

Background

In 1985, defendant Dale B. Mahrle ("Mahrle"), executed a promissory note in the amount of $500,000 in favor of plaintiff Royal Bank of Canada ("Royal Bank") dated December 18, 1985 (the "1985 Note...

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