ROGER SAADA, APPELLANT,
v.
GRUMMAN CREDIT CORPORATION, APPELLEE

Fla. 3d DCA | 1991-08-06
No. 90-2904
Before BARKDULL, LEVY and GERSTEN, JJ.
583 So. 2d 430 Florida District Court of Appeal, Third District (1991) Positive Treatment
Cited by 2 cases

Opinion of the Court
PER CURIAM.

PER CURIAM.

We find no error in the trial court finding that the appellant, individually guaranteed the obligation of a corporation in which he was a principal, Vacation, Inc. v. Southeast First Leasing, Inc., 358 So. 2d 105 (Fla. 3d DCA 1978); Chemical Bank v. Kaufman, 142 A.D.2d 526, 530 N.Y.S.2d 582 (N.Y.App.Div.1988),1 and that the guarantor could not successfully urge a lack of notice of default to the principal obligor. Chris Craft Industries, Inc. v. Van Valkenberg, 267 So. 2d 642 (Fla.1972); Anderson v. Trade Winds Enterprises Corp., 241 So. 2d 174 (Fla. 4th DCA 1970); cf United States v. Little Joe Trawlers, Inc., 776 F. 2d 1249 (5th Cir.1985) (Interpreting Texas Law.)

Final judgment is affirmed.

Affirmed.

. To adopt appellant’s argument that he executed the guarantee only in a corporate capacity would make the guarantee superfluous or a legal nullity because the corporation would be guaranteeing its own debt. Central National Bank of Miami v. Muskat Corporation of America, Inc., 430 So. 2d 957 (Fla. 3d DCA 1983); Stein v. Miss Franie’s, Inc., 417 So. 2d 726 (Fla. 1st DCA 1982); Roy v. Davidson Equipment, Inc., 423 So. 2d 496 (Fla 4th DCA 1982).


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  • Great Lakes Prods., Inc. v. Wojciechowski, 878 So. 2d 418 (Fla. 3d DCA 2004)
    …y executed a guaranty only in his corporate capacity, did not defeat a finding that the guarantor was individually liable; the express and unambiguous provisions of the guaranty made the guarantor individually liable); Saada v. Grumman Credit Corp., 583 So. 2d 430, 431, fn. 1 (Fla. 3d DCA 1991) (finding no error in the trial court finding that the appellant individually guaranteed the obligation of a corporation in which he was a principal; “[T]o adopt appellant’s argument that he executed the guarantee only…

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