Holiday Hospitality Franchising, Inc. ("Holiday Inn") brought the underlying lawsuit against Thomas S. Noons ("Noons") and his wife, Jacquelyn S. Noons, on a personal guaranty (the "Guaranty"). The suit sought to recover past due fees, liquidated damages, interest, and attorney fees under a licensing agreement (the "Agreement") which Holiday Inn entered into with British American Properties ("BAP")...
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