The plaintiffs sought summary judgment to enforce a personal guarantee executed by the defendants in connection with a share purchase agreement (SPA) for solar energy companies.
The defendants' holding company, Lavender Glen, failed to make required payments, and despite subsequent amending agreements and acknowledgments of debt, the outstanding amount remained unpaid.
The defendants alleged pre-contractual misrepresentations as a defense.
The court granted summary judgment to the plaintiffs, finding no genuine issue requiring a trial.
The defendants' misrepresentation claims were deemed vague, self-serving, and contradicted by the SPA's entire agreement clause and a later acknowledgment of debt.
Arguments of unconscionability and unpleaded fraudulent misrepresentation were also rejected.