Ampex Credit Corporation and Ampex Corporation v. Needham Bateman and Harold Suit

RONEY, Circuit Judge:

Dr. Needham B. Bateman appeals from a jury verdict finding him liable on a guaranty agreement. Bateman admits he signed the agreement, but denies liability. He asserts that the failure of two co-guarantors to sign violated a condition precedent which his attorney had no authority to waive in his behalf, and that the lack of his consent to assignment of rights under the agreement prevents the assignee from enforcing the guaranty. Rejecting his contentions, we affirm the judgment of the district court entered on the jury verdict.

Certain equipment was transferred to three…