Legal Opinion
Springs Industries, Inc., a South Carolina Corporation v. Kris Knit, Inc., a California Corporation, and Jack Chambers, an Individual
Court of Appeals for the Ninth Circuit
Decided July 26, 1989No. 88-6326PublishedCited by 5 opinions
1Opinion of the Court
POOLE, Circuit Judge:
Appellee Springs Industries, Inc. (“Springs”) manufactured “ultra-suede” fabric which it sold to Kris Knit, Inc. (“Kris Knit”) for use in Kris Knit’s manufacturing operation. In March 1977, appellant Jack Chambers, the director and principal shareholder of Kris Knit, signed an agreement to personally guarantee Kris Knit’s commercial account with Springs. Chambers signed the agreement to enable Kris Knit to purchase ultra-suede on credit from Springs.
The guarantee agreement provided, in relevant part:
I the undersigned agree to be ... jointly and severally primarily and…
2Cases cited8 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Nicki Arron Bonner v. Mr. Lewis, Director at Adoc Cpo Crowley Cpo VegaCourt of Appeals for the Ninth Circuit · 1988
- Becker v. FaberNew York Court of Appeals · 1939
- Chemical Bank v. SeplerNew York Court of Appeals · 1983
- State Farm Fire and Casualty Company v. Estate of Elmer Jenner Leonard Jenner, as of the Estate of Elmer Jenner, DeceasedCourt of Appeals for the Ninth Circuit · 1988
3 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Provence v. Hilltop National BankWyoming Supreme Court · 1989
- Tripp v. Department of DefenseDistrict Court, District of Columbia · 2002
- Wing-It Delivery Services, Inc. v. Virgin Islands Community BankDistrict Court, Virgin Islands · 2005
- Jack Chambers v. Springs Industries, Inc., Jack Chambers, Eric F. Edmunds, Jr. Arthur Toll Daniel M. Toll v. Springs Industries, Inc. Lianne Von Fricht Jeffrey Wallbridge John Cravens Phylliss Long Dian R. Walsh, Inc.Court of Appeals for the Ninth Circuit · 1992
- Springs Industries, Inc., a South Carolina Corporation v. Kris Knit, Inc., a California Corporation, and Jack Chambers, an IndividualCourt of Appeals for the Ninth Circuit · 1989