United States v. Little Joe Trawlers, Inc., Etc., and Enrique Rangel Salinas and Concha Rangel Salinas

How courts have described this case

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

• personal defenses of debtor unavailable to guarantor include forgery of maker’s signature, usury, ultra vires, statute of limitations
• “Generally, an unconditional guarantor is hable for payment even though the holder of the note cannot enforce the claim against the. principal obhgor (the maker), unless the claim against the principal obhgor is void for illegality.”

Source: CourtListener parenthetical corpus (CC0).