Old National Bank v. Seattle Smashers Corp.

How courts have described this case

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

• upholding waiver of consent of guarantor to grant borrower extension of time because “the language of the guaranty is determinative”
• as stockholders and directors of a corporation, the guarantors were in a position to benefit economically by the bank’s extension of credit to the corporation; therefore, they were compensated guarantors

Source: CourtListener parenthetical corpus (CC0).