CENTURY 21 PRODUCTS v. GLACIER SALES

No. 62053-9.

918 P.2d 168 (1996)

129 Wash.2d 406

CENTURY 21 PRODUCTS, INC., Petitioner, v. GLACIER SALES, a corporation, Respondent.

Supreme Court of Washington, En Banc.

Decided June 20, 1996.


Attorney(s) appearing for the Case

Rettig, Osborne, Forgette, O'Donnell & Iller, Diehl R. Rettig, Kennewick, for petitioner.

Halverson & Applegate, Timothy J. Carlson, Yakima, Heidi G. Bolong, Yakima, for respondent.


DURHAM, Chief Justice.

The central issue in this case is whether impairment of collateral releases a guarantor from its obligations under an unconditional guaranty agreement. A jury determined Respondent Glacier Sales had guaranteed Petitioner Century 21 Products payment for the sale of potatoes, and thus awarded Century 21 $13,210.09. Glacier Sales appealed, arguing that Century 21 had impaired the collateral by failing to preserve a lien for payment of the potatoes...

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