Great Western Bank v. LJC Development, LLC
Court of Appeals of Arizona
1Opinion of the Court
OPINION
JONES, Judge:
¶ 1 Great Western Bank (Great Western) appeals a judgment entered in favor of Appellees on its claim and counterclaim following a bench trial. For the following reasons, we affirm.
FACTS 1 AND PROCEDURAL HISTORY
¶ 2 This appeal arises from two construction loan agreements between Great Western’s predecessor 2 and Cedar Ridge Investments, L.L.C. (Borrower). Appellees are the guarantors of Borrower.
¶ 3 In early 2007, Borrower sought funding to develop a fifty-home subdivision in Flagstaff to be known as Cedar Ridge. Borrower first obtained a loan from Great Western to acquire…
2Cases cited45 opinions
- D'Oench, Duhme & Co. v. Federal Deposit InsuranceSupreme Court of the United States · 1942
- Story Parchment Co. v. Paterson Parchment Paper Co.Supreme Court of the United States · 1931
- Taylor v. State Farm Mutual Automobile InsuranceArizona Supreme Court · 1993
- Wells Fargo Bank v. Arizona Laborers, Teamsters & Cement Masons Local No. 395 Pension Trust FundArizona Supreme Court · 2002
- United California Bank v. Prudential Insurance Co. of AmericaCourt of Appeals of Arizona · 1983
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