Oral pact to release partner from loan obligations leads to enforceable claim (C.A.6 (Ohio)) | Secondary Sources | Westlaw

Oral pact to release partner from loan obligations leads to enforceable claim (C.A.6 (Ohio)) | Secondary Sources | Westlaw

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Oral pact to release partner from loan obligations leads to enforceable claim (C.A.6 (Ohio))

2014 BKRDBRF 5182By Lisa UhlmanWESTLAW Bankruptcy Daily Briefing (Approx. 2 pages)

Oral pact to release partner from loan obligations leads to enforceable claim (C.A.6 (Ohio))

2014 BKRDBRF 5182By Lisa UhlmanWESTLAW Bankruptcy Daily Briefing (Approx. 2 pages)

Oral pact to release partner from loan obligations leads to enforceable claim (C.A.6 (Ohio))

(July 30, 2014) - A Pennsylvania feed store co-owner's promise to free his partner of a personal guaranty on a loan entitled the partner to a $314,000 claim in the former's bankruptcy, a federal appeals court has ruled, restoring a bankruptcy court's...
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