Guardian Savings & Loan Assn. v. MD. ASSOCIATES

Opinion

SWAGER, J.

MD Associates, Michael D. Barker (hereafter Barker), The Ninth and Mission Corporation and Barker-Patrinely Group, Inc., appeal from a judgment of foreclosure, entered on an order granting summary adjudication, which adjudicated two of the defendants, MD Associates and Barker, personally liable on the secured indebtedness. We affirm the judgment with respect to the principal issues on appeal, while reversing as to a minor defendant and ordering a remand for modification of the judgment.

Procedural and Factual Background

The foreclosure suit arises from cross-purchases of…