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DESARROLLO IMMOBILIARIO v. KADER HOLDINGS

No. 2 CA-CV 2011-0117.

276 P.3d 1 (2012)

DESARROLLO IMMOBILIARIO Y NEGOCIOS INDUSTRIALES DE ALTA TECNOLOGIA DE HERMOSILLO, S.A. DE C.V., successor in interest to Luis Roberto Martin Mazon Rubio, Enrique Ruben Mazon Rubio, Jorge Horacio Mazon Rubio, Jose Oscar Mazon Rubio, Hector Ruben Mazon Lizarraga, Gustavo Alberto Mazon Lizarraga, Ricardo Mazon Lizarraga, and Sergio Jesus Mazon Rubio, Plaintiff/Appellee, v. KADER HOLDINGS COMPANY LIMITED, a Bermuda company, Defendant/Appellant.

Court of Appeals of Arizona, Division 2, Department B.

April 16, 2012.

Attorney(s) appearing for the Case

Jennings, Strouss & Salmon, P.L.C. by James O. Ehinger, Phoenix, Attorneys for Plaintiff/Appellee.

Snell & Wilmer L.L.P. by Jeffrey Willis and Andrew M. Jacobs, Tucson, and Troutman Sanders, L.L.P. by Eric A. Szweda, Hong Kong, Attorneys for Defendant/Appellant.

OPINION

GARYE L. VÁSQUEZ, Presiding Judge.

¶ 1 This contract action arises out of a lease contract and guarantee between appellee Desarrollo Immobiliario y Negocios Industriales de Alta Technologia de Hermosillo, S.A. de C.V. (Desarrollo) as landlord, Siempre Novedoso de Mexico, S.A. de C.V. (Sinomex) as tenant, and appellant Kader Holdings Company, Limited (Kader) as guarantor of Sinomex's obligations under the lease. After Sinomex repeatedly...

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