In answer to plaintiff's complaint, defendant did not dispute that plaintiff loaned $3,000,000 to the CR Income Partnership, in which defendant was a joint venturer with CR Group, Inc., and that defendant defaulted under a series of guarantees and security agreements it executed in favor of plaintiff. However, defendant asserted a counterclaim and six affirmative defenses against plaintiff and other counterclaim defendants, arguing that the guarantees were unenforceable because...
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