Frontier Salem, L.L.C. v. Khan
Salem County Circuit Court
1Opinion of the Court
By Judge Robert P. Doherty, Jr.
Plaintiff Landlord leased a section of its strip mall to a small corporation to open a restaurant. In order to induce the Landlord to enter into the lease, a guaranty agreement was signed by two guarantors who contracted to pay all of the lease obligations the small corporation incurred if it defaulted on the terms of its lease, up to a maximum limit. The tenant defaulted, and Landlord sued Defendant Guarantor.
Both parties differ on their interpretation of the guaranty agreement. Plaintiff says Guarantor owes for all of the tenant’s debts, to include remodeling…
2Cases cited6 opinions
- Galloway Corp. v. S.B. Ballard Construction Co.Supreme Court of Virginia · 1995
- Rash v. Hilb, Rogal & Hamilton Co.Supreme Court of Virginia · 1996
- Dana v. 313 FREEMASONSupreme Court of Virginia · 2003
- Mahoney v. NationsBank of Virginia, NASupreme Court of Virginia · 1995
- TB VENTURE, LLC v. Arlington CountySupreme Court of Virginia · 2010
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