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INTERVEST MORTG. INV. CO. v. SKIDMORE

No. CIV. S-08-1543 LKK/DAD.

655 F.Supp.2d 1100 (2009)

INTERVEST MORTGAGE INVESTMENT COMPANY, Plaintiff, v. Kip S. SKIDMORE and Illa A. Jones-Skidmore, husband and wife; the Alaska Trust Company, et al., Defendants.

United States District Court, E.D. California.

June 2, 2009.

Attorney(s) appearing for the Case

Douglas L. Hendricks, Gregory P. Dresser, Morrison & Foerster LLP, San Francisco, CA, Geena M. Van Dessel, PHV, Leslie R. Weatherhead, PHV, Witherspoon, Kelley, Davenport and Toole, PS, Spokane, WA, for Plaintiff.

Eric Ray Garner, Carl Paul Blaine, Thomas Blaine Sheridan, Wagner Kirkman Blaine Klomparens & Youmans LLP, Mather, CA, for Defendants.

ORDER

LAWRENCE K. KARLTON, Senior District Judge.

Plaintiff Intervest-Mortgage Investment Co. ("Intervest") issued a loan to finance construction of a housing project, and protected this loan by, inter alia, acquiring an unsecured personal guaranty from defendants Kip Skidmore and Illa Jones-Skidmore. This loan is in default, and Intervest has sought to collect on the guaranty. Intervest claims that Skidmores have breached the guaranty contract, and...

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