Bachmann v. Glazer & Glazer, Inc.
Court of Appeals of Maryland
1Opinion of the Court
MARVIN H. SMITH, Judge,
Specially Assigned.
We shall here hold that a guarantor of rent is not released from his obligation when a third party pays that debt pursuant to an agreement with a creditor of the tenant that the third party shall have an assignment of the creditor’s claim.
Appellants, Albert J. Bachmann, Jr., and Evelyn Bachmann, his wife (the guarantors), were the guarantors of a commercial lease between A.J.B. Clothiers, Inc. (the tenant) and The Village of Cross Keys, Incorporated (the landlord). The lease was assigned to appellee Glazer & Glazer, Inc. (Glazer).
I
This appeal is one…
2Cases cited18 opinions
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- Aetna Life Ins. Co. v. MiddleportSupreme Court of the United States · 1888
- Berkey v. DeliaCourt of Appeals of Maryland · 1980
- American Surety Co. v. Bethlehem National BankSupreme Court of the United States · 1941
- Coffey v. Derby Steel Co.Court of Appeals of Maryland · 1981
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