Avnet, Inc. v. Catalyst Resource Group, LLC

BYE, Circuit Judge.

David Wild appeals the district court’s 1 determination that a personal guaranty he executed as security for a loan could be enforced by the original creditor’s assignee under Iowa law. We affirm.

I

David Wild is the sole member of a limited liability company called Braveheart Equity Holdings, LLC (Braveheart). Bra-veheart, in turn, is one of two members of another limited liability company called Catalyst Resources Group, LLC (Catalyst). In 2008, Catalyst borrowed $500,000 from Laurus Technologies, Inc. (Laurus). Wild signed a personal guaranty as security for Catalyst’s…