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INDIGO OLD CORP., INC. v. GUIDO

No. 21-1922.

29 F.4th 856 (2022)

INDIGO OLD CORP., INC., Plaintiff-Appellant, v. Thomas P. GUIDO, Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided March 28, 2022.

Attorney(s) appearing for the Case

Gary P. Hollander , Attorney, Aronberg Goldgehn Davis & Garmisa, Chicago, IL, for Plaintiff-Appellant.

Amanda N. Catalano , Timothy Hudson , Attorneys, Tabet, Divito & Rothstein LLC, Chicago, IL, for Defendant-Appellee.

Before Easterbrook, Kanne, and Scudder, Circuit Judges.

As part of an asset-purchase agreement, IS Investments (ISI) promised to pay Indigo Old Corp. $2 million plus interest on a defined schedule. Thomas Guido guaranteed this debt. Indigo filed this suit under the diversity jurisdiction to collect on the guaranty. It is entitled to enforce Guido's obligation without first...

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