Legal Opinion
Kruse v. National Bank of Indianapolis
Indiana Court of Appeals
Decided September 21, 2004No. 49A05-0401-CV-20PublishedCited by 19 opinions
1Opinion of the Court
OPINION
VAIDIK, Judge.
Case Summary
Richard D. Kruse, guarantor of indebtedness arising from a loan from National Bank of Indianapolis ("NBI" or "Lender" or "the Bank") to SignTec, LLC ("Sign-Tec" or "Borrower" or "the Company"), appeals, arguing that genuine issues of material fact should have precluded the trial court's entry of summary judgment in favor of NBI. We find that because Kruse signed an "absolute, unconditional and continuing" Guaranty providing for "unlimited" liability and the waiver of various defenses-including claims that the Bank extended the loan's maturity date without…
2Cases cited17 opinions
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- Allen v. Great American Reserve Insurance Co.Indiana Supreme Court · 2002
- Horn v. New York TimesNew York Court of Appeals · 2003
- Sheraton Corp. of Am. v. Kingsford Packing Co., Inc.Indiana Court of Appeals · 1974
- Noble Roman's, Inc. v. WardIndiana Court of Appeals · 2002
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3Cited by19 opinions
- TW General Contracting Services, Inc. v. First Farmers Bank & TrustIndiana Court of Appeals · 2009
- Bruno v. Wells Fargo Bank, N.A.Indiana Court of Appeals · 2006
- Miller v. Indiana Department of Workforce DevelopmentIndiana Court of Appeals · 2007
- Paul v. Home Bank SBIndiana Court of Appeals · 2011
- Weinreb v. TR DEVELOPERS, LLCIndiana Court of Appeals · 2011
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