Peterman v. Clegg

RUDMAN, Justice.

Priscilla Clegg and Debra Nash appeal from the judgment entered in the Superior Court (York County, Cole, J.) holding Clegg and Nash jointly and severally liable with John Peterman and the Seascape Corporation (“Seascape”) to Sidney and Susan Peter-man (“the Petermans”). Clegg and Nash contend that their personal guaranties of the promissory note issued by Seascape to the Petermans are unenforceable. We affirm the judgment.

Seascape developed a condominium project in Old Orchard Beach. John Peterman, who is the president of Seascape and Sidney Pe-terman’s brother, arranged a…