OPINION
COMPTON, Justice.
This case arises from a default in the repayment of a $700,000 loan made by Alliance Bank [formerly United Bank of Alaska (UBA)] to shareholders of Alaska Laser Knights, Inc. (ALK). The superior court granted summary judgment in favor of UBA, holding the shareholders jointly and severally liable for the loan in accordance with their individual guarantees. We affirm.
I. FACTUAL AND PROCEDURAL BACKGROUND
In early...
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