Legal Opinion

Vandervest v. Kauffman Pizza, Inc.

Wisconsin Supreme Court

Decided June 29, 1973No. 296PublishedCited by 8 opinions

1Opinion of the CourtBeilfuss, J.

The principal contention of the defendants-appellants-guarantors is that they were gratuitous guarantors or uncompensated sureties, 7 and as such they were entirely relieved of their obligation because of material change in the terms of the guaranty made without their consent. The rule is that a gratuitous surety or uncompensated guarantor is discharged of his obligation if there is a material change in the contract or obligation. 8 It is further true that if the contract of the gratuitous surety is ambiguous it must be liberally construed in favor of the gratuitous surety. 9

The…

2Cases cited9 opinions

  1. Stebane Nash Co. v. Campbellsport Mutual InsuranceWisconsin Supreme Court · 1965
  2. Ivers & Pond Piano Co. v. PeckhamWisconsin Supreme Court · 1966
  3. Hansche v. A. J. Conroy, Inc.Wisconsin Supreme Court · 1936
  4. Marlin Electric Co. v. Industrial CommissionWisconsin Supreme Court · 1967
  5. Sage v. StrongWisconsin Supreme Court · 1876

4 more not listed; retrieve them via the Exa API.

3Cited by8 opinions

  1. Bank of Sun Prairie v. OpsteinWisconsin Supreme Court · 1979
  2. Select Creations, Inc. v. Paliafito America, Inc.District Court, E.D. Wisconsin · 1993
  3. Aetna Business Credit, Inc. v. Hart Ski Mfg. Co. (In Re Hart Ski Mfg. Co.)United States Bankruptcy Court, D. Minnesota · 1980
  4. Larkin v. JohnsonWisconsin Supreme Court · 1975
  5. John Deere Co. v. BabcockWisconsin Supreme Court · 1979

3 more not listed; retrieve them via the Exa API.

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