United States v. Little Joe Trawlers, Inc., Etc., and Enrique Rangel Salinas and Concha Rangel Salinas

OPINION

JOHN R. BROWN, Circuit Judge:

In this appeal, the United States asks us to overturn the District Court’s decision and thereby enforce the promissory note executed by defendant Little Joe Trawlers, Inc. and guaranteed by defendants Enrique and Concha Salinas (Guarantors). After agreed proceedings before a magistrate, the District Court, adopting the magistrate’s recommendation, granted Guarantors summary judgment. This was done on the ground that the United States failed to give Guarantors notice of intent to accelerate the maturity of the note. The judgment of the District Court was…