Contract – Guaranty – Written Promise to Pay – Consideration – Forbearance
Klingstubbins Southeast, Inc. v. 301 Hillsborough Street Partners, LLC Letters from an LLC member to its creditor promised to pay the LLC’s debt. Combined with the creditor’s forbearance to sue, the letters allow the creditor’s claim of a guaranty to survive the LLC member’s motion to dismiss.
We reverse the trial court’s grant of defendant Reynolds’ motion to dismiss.
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Published: January 19, 2012
Time posted: 7:09 pm
Tags: Consideration, Contract, Forbearance, Guaranty, Written Promise to Pay







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