Legal Opinion

Pearson v. Caterpillar Financial Services Corp.

District Court of Appeal of Florida

Decided May 18, 2011No. 4D09-3655PublishedCited by 9 opinions

1Opinion of the CourtCiklin, J.

This case involves two loan agreements and the personal guaranties signed by the appellants, Kaye Pearson and Bob Moss (the “Guarantors”). Because we find that the personal guaranties signed by the Guarantors could be reasonably interpreted two different ways, we reverse that portion of the summary judgment holding the Guarantors liable for all obligations under two separate loan agreements.

Chub Cay Club Associates, Ltd. (“Chub Cay Club”) financed its development of a resort community in the Bahamas in part through two loans from Caterpillar Financial Services Corp. (“Cat Financial”). The…

2Cases cited7 opinions

  1. Allstate Insurance Co. v. WatsonTennessee Supreme Court · 2006
  2. Farmers-Peoples Bank v. ClemmerTennessee Supreme Court · 1975
  3. Johnson v. JohnsonTennessee Supreme Court · 2001
  4. Fecteau v. Southeast Bank, NADistrict Court of Appeal of Florida · 1991
  5. Bacardi v. BacardiDistrict Court of Appeal of Florida · 1980

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3Cited by9 opinions

  1. Dirico v. Redland Estates, Inc.District Court of Appeal of Florida · 2014
  2. Ostrow v. GLOBECAST AMERICA INC.District Court, S.D. Florida · 2011
  3. Hibbs Grove Plantation Homeowners Association, Inc. v. Avraham Aviv and Helen AvivDistrict Court of Appeal of Florida · 2016
  4. DARREN WHITE v. FORT MYERS BEACH FIRE CONTROL DISTRICTDistrict Court of Appeal of Florida · 2020
  5. GROVE HARBOUR MARINA AND CARIBBEAN MARKETPLACE, LLC, etc. v. GROVE BAY INVESTMENT GROUP, LLC, etc.District Court of Appeal of Florida · 2023

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