Jans v. Nelson

Opinion

VARTABEDIAN, Acting P. J.

In this rather complex case, we conclude the trial court, operating in a murky area of law, applied an erroneous standard of law in determining the amount of contribution that must be paid by coguarantors of a business debt. (Jessup Farms v. Baldwin (1983) 33 Cal.3d 639, 650, fn. 7 [190 Cal.Rptr. 355, 660 P.2d 813].) Because the relevant facts are undisputed, we apply the correct principles of equity to those facts and direct the trial court to enter a modified judgment.

Introductory Summary

As we will discuss in some detail below, the law of equitable…