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Home / Opinion Digests / Commercial – Loan Guaranty – Arbitration – Demand By Party (access required)

Commercial – Loan Guaranty – Arbitration – Demand By Party (access required)

A borrower and the guarantor of its $1.1 million loan from Wachovia Bank lose their demand that the Richmond U.S. District Court dismiss Wachovia’s suits to enforce the promissory note and the guaranty because the promissory note and guaranty require a party to demand arbitration, and neither party has made such a demand. Wachovia acknowledges that ...

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