KFC Corp. v. Kazi

MEMORANDUM OPINION AND ORDER

JOHN G. HEYBURN II, Senior District Judge.

Defendant, Zubair Kazi, is the founder, Chairman, and CEO of Kazi Foods, Inc. Prior to a recent bankruptcy, four Kazi *947franchisees1 operated 142 KFC restaurants. Kazi signed a guaranty agreement for each restaurant (“the Guaranties”). KFC Corporation (“KFCC”) and KFC U.S. Properties (“KFC USP”) seek to collect various debts allegedly covered by the Guaranties (collectively, “Plaintiffs”). The parties have cross-motioned for summary judgment. Kazi claims the Guaranties are unenforceable because (1) they do not meet the…