Home Government Coupons & Loan Assn. v. Ramos (1991)
Offender Ronald J. Ramos appeals a view following demonstration legal brought a decision in support of plaintiff Domestic Government Coupons & Financing Organization (House Federal) out-of Ramos’s responsibility towards the a personal loan warranty. I affirm.
Thomas Lynn, a major financing manager getting Home Federal, negotiated the latest agreement having Brooks and you may waiting around three data-the mortgage amendment contract, the fresh promissory notice together with [229 Cal
Defendant Ramos is president of your Ramos/Jensen Business (R/J Co.), a california agency. R/J Co. try the entire partner regarding a restricted relationship, the fresh Peacock Ridge Team (Peacock), formed to-do the latest Peacock Ridge construction venture. Between Sep 1983 and March 1985, plaintiff Home Government loaned almost $7.cuatro mil into Peacock partnership. All the five operating-system.
At that time, Peacock owed large sums inside accumulated interest and had almost every other debt to the the project.
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