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GEBRUEDER HEIDEMANN, K.G. v. A.M.R. CORP.

No. 16507.

746 P.2d 579 (1987)

113 Idaho 510

GEBRUEDER HEIDEMANN, K.G., a/k/a Gebr. Heidemann, K.G., a Limited Partnership; Wolfgang Kram, Receiver in Bankruptcy for Gebr. Heidemann, Merchant, Plaintiffs, and Volksbank Bitburg, E.G., a corporation, Plaintiff-Appellant-Cross Respondent, v. A.M.R. CORPORATION, an Idaho corporation, Defendant-Respondent-Cross Appellant.

Court of Appeals of Idaho.

Petition for Review Denied February 26, 1988.

Attorney(s) appearing for the Case

Richard T. St. Clair, St. Clair, Hiller, Wood, McGrath, St. Clair & Baker, Idaho Falls, for plaintiff-appellant-cross-respondent.

Blair J. Grover, Grover & Walker, Chartered, Rigby, for defendant-respondent-cross-appellant.

BURNETT, Judge.

This is the second appeal in an action by a bank to foreclose on property mortgaged to secure a guarantor's obligation. Both parties have raised multiple issues. However, our decision requires us to address only two questions: (1) Was the guarantor discharged from its obligation? (2) Did the district court err in crediting payments made by the principal debtor against the guaranteed portion of the debt? The district court determined that the guarantor...

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