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Article By Ken Neuman Featured in Michigan Bar Journal

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Neuman Anderson Managing Partner Kenneth Neuman shared his expertise by writing the article, “Cross-Examining Financial Experts: A Trial Lawyer’s Perspective,” which was published in the March issue of the Michigan Bar Journal. The Michigan Bar Journal is a monthly publication that is published by the State Bar of Michigan. An except from the article: If you are going…

Michigan Court Of Appeals Recently Reaffirms: Loans And Guarantees Are Separate Contracts That Can Be Pursued In Separate Actions, Unaffected By Compulsory Joinder Rules
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Michigan Court Of Appeals Recently Reaffirms: Loans And Guarantees Are Separate Contracts That Can Be Pursued In Separate Actions, Unaffected By Compulsory Joinder Rules

The Michigan Court of Appeals, in a recent published decision, reaffirmed the principle that a personal guaranty of a loan is a separate and distinct contract from the loan itself with separate and distinct remedies. So, just because a lender has sued a borrower and guarantor, does not mean that the lender has to ask…