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STAR BANK, N.A., CINCINNATI v. MANAGEMENT TECHNOLOGIES, INC.

No. C-890512.

69 Ohio App.3d 147 (1990)

STAR BANK, N.A., CINCINNATI, Appellee, v. MANAGEMENT TECHNOLOGIES, INC., Appellant.

Court of Appeals of Ohio, Hamilton County.

Decided August 15, 1990.

Attorney(s) appearing for the Case

Taft, Stettinius & Hollister and Matthew B. Hammons, for appellee.

Barron & Peck and Richard S. Trautmann, for appellant.

Per Curiam.

This appeal concerns a financial arrangement among the appellee, Star Bank; the appellant, Management Technologies, Inc. ("MTI"); and William F. Mericle and Cynthia Mericle. Star Bank loaned certain amounts of money to MTI in accordance with a letter of credit. When MTI's creditworthiness became a source of concern for Star Bank, a bank officer sought and obtained a personal guaranty from the Mericles. As security for the guaranty, the Mericles...

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