Pues Family Trust Ira Ex Rel. Pues v. Parnas Holdings Inc.

SUMMARY ORDER

Defendants-Appellants Lev Parnas and Parnas Holdings Inc. appeal the District Court’s judgment awarding $350,000 plus interest and costs to Plaintiff-Appellee Pues Family Trust IRA. Following a bench trial, the District Court found Defendants liable for breach of contract based on their failure to repay a loan made by the Trust. On appeal, Defendants assert that, in its Order, the District Court made irreconcilably inconsistent rulings about whether Lev Parnas was personally bound as a co-obligor or guarantor under the oral loan agreement. And, to the extent that the District…