Crew III, J.
Defendant James W. Roemer, Jr. and third-party defendant James D. Featherstonhaugh were partners in a law firm established in 1976. In 1984, they converted the partnership to a professional corporation, defendant Roemer and Featherstonhaugh, P. C. (hereinafter R & F). In January 1993, Roemer executed an agreement that guaranteed Chemical Bank payment of any and all liabilities then existing or thereafter incurred by R & F. In August 1994, Chemical...
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