Alani v. Monroe County Bank

OPINION

GARRARD, Judge

Case Summary

This action concerns default on a promissory note executed in favor of D.S. Alani and Associates, Inc. (the “Corporation”) and guaranteed by David and Kelley Alani (the “Alanis”). The trial court found in favor of the Monroe County Bank (the “Bank”) for the unpaid balance due on the note. The Alanis appeal and we affirm.

Issue

The parties raise two issues for our review. However, because the first issue is disposi-tive, we restate the issue as whether the Alanis were entitled to release from liability on their personal guaranty to the Bank where the Alanis…