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BRUNSWICK CORP. v. CREEL

No. 84-775.

471 So.2d 617 (1985)

BRUNSWICK CORPORATION, Appellant, v. Claude W. CREEL and Virginia J. Creel, Appellees.

District Court of Appeal of Florida, Fifth District.

June 20, 1985.

Attorney(s) appearing for the Case

David R. McFarlin of Akerman, Senterfitt & Eidson, Orlando, for appellant.

John V. Baum of Baldwin & Dikeou, Fern Park, for appellees.

FRANK D. UPCHURCH, Jr., Judge.

Pursuant to a guaranty agreement dated June 23, 1981, the Creels guaranteed and promised to pay to Finance America any and all indebtedness of Flagship Marine as may be owing to Finance America. The Creels were and are the sole shareholders of Flagship.

Extensions of credit were made by Finance America to Flagship. Flagship defaulted on its payment obligations to Finance America and...

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