Appeal dismissed; forbearance agreement did not release guarantor due to explicit terms of the guarantee.
The appellant appealed a decision finding that the execution of a forbearance agreement did not release him from his guarantee.
The Court of Appeal dismissed the appeal, holding that the terms of the guarantee explicitly allowed the bank to grant time and other indulgences to the borrower without discharging the guarantor's liability.
OCACourt of AppealMay 5, 2008