Posts tagged "Marketplace"

Cedar-Fieldstone Marketplace, LP v. T.S. Fitness, Inc., et al. (Lawyers Weekly No. 11-030-18)

NOTICE:  All slip opinions and orders are subject to formal revision and are superseded by the advance sheets and bound volumes of the Official Reports.  If you find a typographical error or other formal error, please notify the Reporter of Decisions, Supreme Judicial Court, John Adams Courthouse, 1 Pemberton Square, Suite 2500, Boston, MA, 02108-1750; (617) 557-1030; SJCReporter@sjc.state.ma.us   17-P-791                                        Appeals Court   CEDAR-FIELDSTONE MARKETPLACE, LP  vs.  T.S. FITNESS, INC.,[1] & another.[2]     No. 17-P-791.   Bristol.     February 2, 2018. – March 15, 2018.   Present:  Milkey, Massing, & Shin, JJ.     Guaranty.  Contract, Lease of real estate, Release from liability, To guarantee rent payments.  Release.  Real Property, Lease.       Civil action commenced in the Superior Court Department on June 18, 2015.   The case was heard by Renee P. Dupuis, J., on motions for summary judgment.     John A. Walsh for the defendants. John F. White, Jr., for the plaintiff.     MILKEY, J.  In this case, we consider whether the release of a landlord’s claims against a tenant for unpaid rent pursuant to a lease precluded the landlord from bringing a collection action against a guarantor of the lease.  We conclude that it did not. Background.  The defendant T.S. Fitness, Inc. (tenant), rented commercial property in New Bedford from the plaintiff, Cedar-Fieldstone Marketplace, LP (landlord).  In 2011, those parties agreed to a modification of the then-existing lease between them.  To secure the tenant’s payment obligations under the modified lease, the tenant’s president, the defendant Thomas W. Sheridan, executed a personal guaranty, which was memorialized in a detailed, three-page document.  Under the terms of the guaranty, Sheridan’s liability was “co-extensive with that of [the t]enant,” except that it was capped at a specified amount, $ 52,271.06.  The existence of that cap appears to explain why the document is captioned a limited guaranty. Except for the cap on his liability, Sheridan’s obligations under the guaranty are set forth expansively, as we will review in detail later.  The guaranty states that “[n]o waiver or modification of any provision of this [g]uaranty nor any termination of the [g]uaranty shall be effective unless in writing, signed by [the l]andlord.” After the lease modification, the tenant subsequently defaulted on the lease, prompting the landlord to bring a summary process action against it in District Court.  That action was resolved through an agreement for judgment in February of 2013.  The parties to the agreement for judgment were the parties to the summary process action, that is, the landlord and the tenant.  Sheridan himself signed the agreement for judgment, but he did so in his capacity as president of the tenant. The essence of the agreement for judgment was […]

Read more...

Posted by Massachusetts Legal Resources - March 15, 2018 at 4:32 pm

Categories: News   Tags: , , , , , , ,

tamoxwhere.com metalrockmusicpodcast.com techwebwolf.com mitchellscoffeetime.com 4n10store.com crayphoto.com registeredpuppiess.com leafbosscbd.com salonuniqat.com alphaproject-skiteam.com indimembrane.com escuelamasquemarketing.com chicagocityscusl.com helpweightoff.com shinylive.net fullbodychiro.net haxcommunity.org kursovaya.org theinvincibles.org aspekindonesia.org alphabiocbd.org javabluetooth.org veadotrading.com chrisamentas.com tattooartpedia.com vj0shii.info novels80.net sportinggoodindoor.net vinnysvinylsidinggreensboronc.com viewfrombangladesh.com pipiproductions.com alikhwaneplatre.com sslabs.info expressaktiv.info artistvisual.com cepatmasuk.com urutrain.com villasatmontanavista.org gularavincent.com pantaufilm.com dramabarat.com fotominsk.com kedaibilal.com martaloptiklens.com kamielis.com hariberry.com cateringmarketsquare.com nobleinternationalhotel.com erdemliotokiralama.com persongolf.com arsipskripsi.com jamesmalvern.com cryptomarketbd.com sehriart.com mrofficialonline.com roberthomestaging.com ennzcoupon.com authentik-immo.com distribuidoraconnect.com dreamydrawdesign.com muwilp.com nationalbattleleague.com maverickgrowshop.com sinansplace.com globalstreetfoods.com rollsroc.com conforthogarok.com christmastreedresses.com thetechlives.com borisvolfman.com roninindonesia.com nokritalash.com perfecthomeworkhelp.com orimeili.com elektrikci06.com toolzsource.com wellfedcreatives.com achomeandgarden.com brawnywriter.com petsfoodio.com tropisgarden.com belibibitikanmurah.com khabarbot.com goraah.com baudara.com sengelsted.com campingelrefugio.comwp-admin frankkelsoauthor.com reutovstudio.comwp-admin hunterbelgium.com terrabloggers.com tcirelocations.com parfoiswebshop.com ovofrance.com brooksmagyarorszaghu.com stilkostum.com stephenoney.com whimsypk.com sdnjunrejo1batu.com ibaethiopia.com yashikaresort.com terangindonesia.org mobilhondabogor.com patibannister.com mentaridunia.org irishadam.com davidallanhamilton.com teknik-mesin.com solarahail.com nukeradio.com stpetersmp.org shanala.com brixtonatwood.com itotecobag.com cricketlinesguru.com ioguardoilmare.com eldridgehometeam.com ngoomelarab.com birracapri.com srilankaescapes.com ranchoaromadelmar.com zamzamestates.com laluna-gard.com batunisanprasasti.com pabrikpipa.com suarasragen.com pleinairsocial.com kacafilmyogyakarta.com berasenak.com sampaiakhir.com criticalpointtheatre.com mybounceworld.comwp narinnakliyat.com charlottehornetsclub.com raahitrekkers.com verdantgardenia.com balonjakartaku.com jasabikinjersey.com tokocipta.com medicaltimes.org puertoricolimpio.org ingoodcowellness.com papisolutions.com greekgirlbeauty.com alexanderrarebooks.com watertreefulshear.com demorrosconel20.com boardgamesoftheworld.com bigscreenlab.com foundationsystemsrepair.com surveyinfoz.com juebejue.com tickedit.com rabbikushner.org bossdroid.org lepanierdegermaine.org gospelpage.net paucek.net storiyoh.com cacciamotorworx.com canceltimesharenow.travel cinediscount.com daubandbauble.com davefilms.us egy-greek.com f-1asp.com gazettemailrealestate.com greylogic.uswp-admin heirhunters-association.org.uk hf-emu.com inuyasha.us iqsoft.co.in istitutopertini.net justanotherlovestory.com lemondedeslions.com lowvisionary.com machupicchutours.travel maicoakiba.com naruto-pictures.us net9k.com pondok.app quazar-millenium.net slotonlinepgcasino.com techtv101.com thechronicleindia.com thekantaloupe.com tonyperkinsshow.com tuberadioforum.com vcsdk9.org videoprosys.com whytheyhate.us yeezystatic.org airstrike.co.za drsindi.co.za aeroklub-liberec.cz istob.cz double-aye.com uscreativebooks.com livingcolorut.com eaglepressurewasherservice.com electroauthor.com iowansformiller.com rainycamping.com expectthegreatutah.com what-is-bpm.com bniembarcadero.com coldcutsproductions.com latestcouponportal.com parentingplus.org calvinluo.us hop-cast.com goteammaria.com newproductivity.org 100randomtasks.com firstbaptistchurchchillicothe.com free-itv.com jointcontact.com natural-body.org valleyscene.com centralfloridaconcierge.org couchslobs.com iplaysims.com woollenhulls.com autourdemusil.net bradgrace.com czech100.com jetharrismemorialfund.org abunchofcrock.com americanmugandsteincompany.com quenchsa.com byrunners.com sharkberg.com