Author: LegalEase Solutions  Introduction A Borrower executed a Promissory Note (“Note”) in favor of a Bank.  Borrower subsequently defaulted on the Note.  Later, borrower and Bank entered into settlement negotiations … Continue reading “Michigan Statute of Frauds: Prohibition of Oral Settlement Agreements”

Author: LegalEase Solutions  INTRODUCTION You have asked us to research whether the presence of consideration is necessary to find the existence of a valid, enforceable promissory note in Ohio.  These … Continue reading “Necessity of Consideration for Valid Promissory Note in Ohio”