Associated Catalog Merchandisers, Inc. v. Chagnon

The paramount issue in this case is whether the trial court erred in determining that a writing purporting to be an “installment note” executed by the defendants, Pierre E. Chagnon and Marian G. Chagnon, actually represented a continuing guaranty rendering the defendants liable for debts arising from their business’s open credit account with the plaintiff. The defendants appealed to the Appellate Court from a judgment of $35,000 rendered in favor of the plaintiff, and the plaintiff cross appealed. We transferred the case to ourselves pursuant to Practice Book § 4023. We find no error with…