Mitigating Risks Associated with Hotel, Restaurant and Entertainment Industry Economic Challenges – Part 3: Commercial Mortgage Default Options Including Acceleration and Enforcement of Personal Guaranties
Jimerson Firm
JULY 30, 2020
3d DCA 1992) , a purported guarantor successfully defended a claim under a guaranty where the guarantor signed as president of the corporation, signed on the line for “guarantor” but not “guarantor individually,” and the lender’s credit manager testified that the lender was aware that the guarantor “would not incur individual liability.”
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