The plaintiff credit union brought a motion for summary judgment against the corporate defendant and the individual defendant based on a small business credit agreement and a personal guarantee.
The corporate defendant conceded liability.
The individual defendant argued her liability was limited to 25% of the loan based on alleged misrepresentations by the plaintiff's advisor.
The court found the guarantee was clearly unlimited and the defendant had not read the documents or sought independent legal advice.
Summary judgment was granted against both defendants for the full outstanding amount.
