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Firm Profile

Guaranty

The following summaries are of recent published decisions of the California appellate courts, the Ninth Circuit, and the United States Supreme Court. The summaries are presented without regard to whether Severson & Werson represented a party in the case.

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LSREF2 Clover Property 4, LLC v. Festival Retail Fund 1, LP

Since guarantor structured a real-estate secured loan to an affiliate for its own business reasons and guaranteed only 5% of the loan amount, there was no substantial evidence that guarantor was the principal debtor or that the transaction was a sham to avoid the anti-deficiency laws.  Read More