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Cadle Co. v. Errato
Connecticut Appellate Court
802 A.2d 887 (2002)
Cadle Company (Cadle) (plaintiff) sued Robert Errato (defendant) to collect on a promissory note that Errato had executed as security for a bank loan and on which Errato subsequently defaulted. Cadle’s trial evidence included (1) a bank officer’s testimony that the bank had sold and assigned its rights in the note to Cadle, (2) a Cadle manager’s testimony that Cadle held the original note at its out-of-state headquarters, (3) a copy of the sale-and-assignment agreement, and (4) a copy of the original note. The trial court entered judgment for Cadle. Errato appealed to the Connecticut Appellate Court, citing Cadle’s failure to produce the actual note.
Rule of Law
Holding and Reasoning (Dranginis, J.)
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