SKW Real Estate Ltd. Partnership v. Gold

We granted the plaintiff’s application for further appellate review to consider whether two promissory notes executed by the defendants in their capacities as general partners of Northeast Glen Limited Partnership (limited partnership) constituted obligations distinct from guaranties they executed in their individual capacities which obligated them to pay all of the partnership’s debts. The plaintiff contends that the obligations are distinct so that, on default of the limited partnership’s obligations under the notes and the foreclosure of the related *521mortgage, the plaintiff’s failure to…