· 5/10/1977
First National Park Bank v. Snellen M. Johnson and Ven Savage
Citations
- 553 F.2d 599
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that an attorney fees provision allowing for recovery of attorney fees for enforcing a note did not provide for recovery of attorney fees in an action against the guarantor to enforce the guaranty agreement
- neither language nor policy of Article 9 requires proscription of waiver by guarantor
- “where a guaranty is unconditional, a creditor, at least absent willful or grossly negligent waste or misconduct, may recover a deficiency judgment from an unconditional guarantor without regard to the creditor’s treatment of the collateral.”
- SBA case, applying Illinois law
Source: CourtListener parenthetical corpus (CC0).
Judges: Choy, Kennedy, Pregerson
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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