Household Federal Coupons & Financing Assn. v. Ramos (1991)
Defendant Ronald J. Ramos is attractive a judgment following demo legal directed a verdict in support of plaintiff Domestic Federal Savings & Financing Organization (Home Government) from Ramos’s responsibility on an unsecured loan guaranty. I affirm.
Thomas Lynn, a major financing administrator to possess Home Government, pay day loan Mountain Meadows CO negotiated the newest agreement with Brooks and you may waiting about three data files-the loan amendment agreement, the promissory mention additionally the [229 Cal
Defendant Ramos was president of your Ramos/Jensen Business (R/J Co.), a california agency. R/J Co. is actually all round mate away from a limited commitment, brand new Peacock Ridge Company (Peacock), molded to do new Peacock Ridge framework investment. Ranging from September 1983 and February 1985, plaintiff Family Federal loaned nearly $eight.cuatro mil for the Peacock relationship. All the five operating-system.
When this occurs, Peacock due ample amounts inside accumulated notice together with other debt in connection with the project.