Legal Opinion
Seattle-First National Bank v. Westwood Lumber, Inc.
Court of Appeals of Washington
Decided May 26, 1992No. 27177-6-IPublishedCited by 11 opinions
1Opinion of the CourtScholfield, J.
Seattle-First National Bank (Sea-First) brought this action against Westwood Lumber, Inc. (West-wood), and Steven and Pamela Yonich (the Yoniches) to enforce a guaranty agreement. From a judgment in favor of the Yoniches, Sea-First appeals. We reverse.
Facts
The Yoniches were the owners of Westwood, a former wood brokerage business in Aberdeen, Washington. In 1982, West-wood entered into a borrowing relationship with Sea-First, in which it pledged its accounts receivable to secure a line of credit which ultimately grew to $1 million. See Seattle-First Nat'l Bank v. Westwood Lumber, Inc., 59 Wn.…
2Cases cited7 opinions
- Badgett v. Security State BankWashington Supreme Court · 1991
- Allied Sheet Metal Fabricators, Inc. v. Peoples National BankCourt of Appeals of Washington · 1974
- State Bank of Standish v. CurryMichigan Court of Appeals · 1991
- Town Concrete Pipe of Washington, Inc. v. RedfordCourt of Appeals of Washington · 1986
- Seattle-First National Bank v. Westwood Lumber, Inc.Court of Appeals of Washington · 1990
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3Cited by11 opinions
- Rekhter v. Department of Social & Health ServicesWashington Supreme Court · 2014
- Miller v. U.S. BankCourt of Appeals of Washington · 1994
- Castle Homes and Development, Inc. v. City of BrierCourt of Appeals of Washington · 1994
- Bespress, Inc. v. Capital Bank of DelhiLouisiana Court of Appeal · 1993
- CORNERSTONE EQUIPMENT LEASING v. MacLeodCourt of Appeals of Washington · 2011
6 more not listed; retrieve them via the Exa API.