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WRI OPPORTUNITY LOANS II LLC v. COOPER

No. B191590.

65 Cal.Rptr.3d 205 (2007)

154 Cal.App.4th 525

WRI OPPORTUNITY LOANS II LLC, Plaintiff and Respondent, v. Ronald COOPER et al., Defendants and Appellants.

Court of Appeal of California, Second District, Division Four.

August 23, 2007.

Attorney(s) appearing for the Case

Robert A. Lisnow, Los Angeles, and Randi R. Geffner for Defendants and Appellants.

Blue & Schoor and Charles D. Schoor, Los Angeles, for Plaintiff and Respondent.

MANELLA, J.

Appellants Ronald I. Cooper and Ellen M. Cooper challenge summary judgment in favor of respondent WRI Opportunity Loans II, LLC. (WRIO) in its action for payment of a loan guaranteed by appellants. We reverse.

FACTUAL AND PROCEDURAL BACKGROUND

There are no material disputes about the following facts: In 1999, the Coopers were the sole principals in Cooper Commons, LLC. (CC), which planned to build residential townhouses and condominiums...

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