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Domestic Federal Savings & Loan Assn. v. Ramos (1991)

Domestic Federal Savings & Loan Assn. v. Ramos (1991)

Offender Ronald J. Ramos is attractive a judgment following the demo judge brought a decision in support of plaintiff Home Federal Offers & Loan Relationship (Domestic Government) regarding Ramos’s responsibility towards a personal loan guarantee. We affirm.

Thomas Lynn, a major financing manager for Domestic Federal, negotiated the latest agreement with Brooks and you will waiting three files-the loan amendment arrangement, the brand new promissory mention and the [229 Cal

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Defendant Ramos try president of your own Ramos/Jensen Team (R/J Co.), a california agency. R/J Co. was the entire spouse regarding a restricted partnership, the brand new Peacock Ridge Team (Peacock), shaped to accomplish new Peacock Ridge framework endeavor. Anywhere between Sep 1983 and you will March 1985, plaintiff Household Federal loaned nearly $eight.4 mil for the Peacock connection. Continue reading