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Comerica Bank v. Cohen

Citations

  • 291 Mich. App. 40
  • 805 N.W.2d 544

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding the unconditional nature of defendant’s guaranty obligation was evident from the reading of the parties’ agreement as a whole
  • stating that a guaranty is construed like any other contract
  • holding, with regard to a guaranty agreement that included terms similar to those in this case, that “[t]he plain language of the limited guarant[y] forecloses defendant’s arguments” that the plaintiff was required to foreclose on the collateral before collecting on the guaranty
  • stating that a guaranty is like any other contract
  • plaintiffs can proceed against the collateral and seek to enforce a guaranty at the same time, but only “so long as plaintiff is not awarded double recovery” (quoting Jim-Bob, Inc. v. Mehling, 443 N.W.2d 451, 461 (Mich. Ct. App. 1989))

Source: CourtListener parenthetical corpus (CC0).

Judges: Donofrio, Kelly, Murray

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.