Wells Fargo Bank, N.A. v. Chun Chin Yung

This is a breach of contract action brought by Plaintiff Wells Fargo Bank, N.A. ("Wells Fargo"), the trustee for the holders of a commercial mortgage loan, against Defendants Chun Chin Yung ("Yung") and Chao Hong Weng ("Weng," and together with Yung, "Defendants"), the borrowers. Wells Fargo alleges that Defendants breached their obligation to pay the loan and are now in default under the terms of the agreement. Following the close of discovery, Wells Fargo filed a motion for summary judgment, which Defendants oppose.

For the reasons that follow, the Court will grant in part and deny in part…