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ALERUS FINANCIAL, N.A. v. MARCIL GROUP INC.

No. 20110113.

806 N.W.2d 160 (2011)

2011 ND 205

ALERUS FINANCIAL, N.A., Plaintiff and Appellee, v. The MARCIL GROUP INC., a North Dakota Corporation, Michael J. Marcil, an individual, and Arthur S. Rosenberg, an individual, Defendants and Appellants.

Supreme Court of North Dakota.

October 18, 2011.

Attorney(s) appearing for the Case

John Stephen Foster , Grand Forks, N.D., for plaintiff and appellee.

Joel Matthew Fremstad , Fargo, N.D., for defendants and appellants.

SANDSTROM, Justice.

[¶ 1] The Marcil Group, Inc. ("TMGI"), Michael J. Marcil, and Arthur S. Rosenberg appeal from a judgment awarding Alerus Financial, N.A., $2,520,383.07 based on guaranties they had given Alerus for a commercial real estate loan made to KRE, LLC. We affirm the judgment against TMGI and Marcil, concluding the district court correctly interpreted the law, correctly ruled there are no genuine issues of material fact precluding summary judgment...

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