Bank of Commerce v. Hoffman
Court of Appeals for the Seventh Circuit
1Opinion of the Court
MANION, Circuit Judge.
This litigation centers on the meaning of a settlement agreement and release signed by Kenneth Hoffman. Hoffman had several loan obligations to Country Bank, for which Bank of Commerce is now the successor in interest, and the settlement released Hoffman from his smallest loan. He urges that the release covered a bigger loan guarantee, too. We conclude that the release agreement did not, however, free him from that larger obligation.
*545As a result, we affirm the district court’s decision to grant summary judgment in favor of the Bank of Commerce.
I. Background
The facts…
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