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SHCHARANSKY v. SHAPIRO

No. 16-1265.

905 N.W.2d 579 (2017)

Alexander SHCHARANSKY and Tatiana Shcharansky, Appellants, v. Vadim SHAPIRO, Boris Pusin, Ilya Markevich, Alex Komm and Dmitry Khots, Appellees.

Supreme Court of Iowa.

Filed December 29, 2017.

Attorney(s) appearing for the Case

Mark E. Weinhardt and Danielle M. Shelton of the Weinhardt Law Firm, Des Moines, for appellants.

Jason C. Palmer and Timothy N. Lillwitz of Bradshaw, Fowler, Proctor & Fairgrave PC, Des Moines, for appellees.

In this case, the parents of coguarantors of a loan provided funds to their children to pay part of an underlying debt. The funds were placed in accounts owned or co-owned by the coguarantors. The coguarantors then paid down a debt with funds drawn from these accounts. The coguarantors filed an action seeking contribution from other...

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