Cadle Co. of Connecticut, Inc. v. C.F.D. Development Corp.
Connecticut Appellate Court
1Opinion of the CourtStoughton, J.
This is an appeal from a judgment rendered on a jury verdict in favor of the holder of a promissory note against the guarantors. The principal issue is whether, under the circumstances of this case, the guarantors are liable on the guarantee if the maker of the note is not liable to the holder of the note. We conclude that they are not. We, therefore, reverse the judgment of the trial court with respect to the defendant guarantors.
The pleadings establish that by a note dated October 19, 1987, the named defendant, C.F.D. Development Corporation (CFD), promised to pay $1,900,000 plus interest…
2Cases cited8 opinions
- Gupta v. New Britain General HospitalSupreme Court of Connecticut · 1996
- American Oil Co. v. ValentiSupreme Court of Connecticut · 1979
- Southport Manor Convalescent Center, Inc. v. FoleySupreme Court of Connecticut · 1990
- Skut v. Hartford Accident & Indemnity Co.Supreme Court of Connecticut · 1955
- Bernd v. LynesSupreme Court of Connecticut · 1899
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3Cited by4 opinions
- Cadle Co. of Connecticut, Inc. v. C.F.D. Development Corp.Supreme Court of Connecticut · 1998
- Cadle Co. v. C.F.D. Development Corp.Supreme Court of Connecticut · 1997
- Cadle Co. of Connecticut, Inc. v. C.F.D. Development Corp.Supreme Court of Connecticut · 1998
- Luck v. McMahonDistrict Court, D. Connecticut · 2020