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State Courts -
Colorado - October 5, 2006
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Premier Farm Credit, PCA v. W-Cattle, LLC, Court of Appeals No.: 05CA0444,
COURT OF APPEALS OF COLORADO, DIVISION FOUR, October 5, 2006, Decided
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Overview: Summary judgment was properly granted for lender on a breach of promissory note claim because credit agreement statute of frauds, Colo. Rev. Stat. ? 38-10-124, barred debtors' claims that lender president verbally promised to forbear foreclosure; and debtors' restructuring rights under 12 U.S.C.S. ? 2202a(b) of Farm Credit Act were not violated.
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