Corporate President May Avoid a Personal Guaranty

In a recent decision, <i>Cummings Properties, Inc. v. Aspeon Solutions, Inc., et al.</i> (Lawyers Weekly No. 13-019-07), the Massachusetts District Court/Boston Municipal Court Appellate Division affirmed the District Court judge's findings at trial that a defendant could not be held personally liable on a guaranty contained in a commercial real estate lease that the defendant quickly signed in two places before rushing off to the airport to make a flight. This decision was affirmed by the appellate division based on the defense of fraud in the factum.

7 minute read July 31, 2007 at 01:05 PM
By
Lewis J. Cohn
Corporate President May Avoid a Personal Guaranty

In a recent decision, Cummings Properties, Inc. v. Aspeon Solutions, Inc., et al.

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