Ina Life Insurance Co. v. Brandywine Associates, Ltd.

MEMORANDUM OPINION

BAILEY, Judge:

Appellant INA Life Insurance Company (Appellant or Lender) seeks review of the Trial Court’s orders granting summary judgment to Appellees Hardesty and Stough (Appellees or Guarantors), holding Guarantors’ obligation extinguished, and allowing payment of Guarantors’ legal fees from funds held in escrow under the parties’ partial settlement agreement. Herein, Lender asserts that to construe the Appellees’ guaranty agreement as having been extinguished renders the Appellees’ guaranty worthless ab initio, an absurd result, and that Guarantors may not take…