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Promissory Notes Debt Instruments

Winstead PC

Court Holds That Promissory Note Did Not Allow Partial Conversion To Equity

Winstead PC on

In Hotze v. In Mgmt., LLC, family members sued each other over control of a family business. No. 14-18-00995-CV, 2021 Tex. App. LEXIS 5821 (Tex. App.—Houston [14th Dist.] July 22, 2021, no pet. history). Three of the brothers...more

Womble Bond Dickinson

Lack of Original Note Can Be Fatal Enforcement

Womble Bond Dickinson on

In Emerald Portfolio, LLC v. Outer Banks/Kinnakeet Assoc., LLC, the North Carolina Court of Appeals refused to allow a debt purchaser to enforce a note where the original note was lost before it was transferred to a debt...more

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