Farouki v. PETRA INTERNATIONAL BANKING, CORP.
District Court, District of Columbia
1Opinion of the Court
MEMORANDUM OPINION
DEBORAH A. ROBINSON, United States Magistrate Judge.
BACKGROUND
Plaintiff is the founder of American Export Group International Services, Inc. (“AEGIS”). Complaint (Document No. 1), ¶¶ 7-8. Plaintiff alleges that in 1986, AEGIS secured a loan from Defendant Petra International Banking Corporation (“PIBC”), 1 for which Plaintiff personally guaranteed payment. Compl., ¶ 2. Plaintiff alleges that between 1989 and 1993, he satisfied the terms of both the release of the deed of trust which secured his personal guarantee, and the AEGIS guarantee, and that Defendant PIBC released the…
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