Please ensure Javascript is enabled for purposes of website accessibility
Don't miss
Home / Practice Areas / Business & Corporate Law / Contracts: Corporate Default – Third-Party Pledge – Indemnity

Contracts: Corporate Default – Third-Party Pledge – Indemnity

Beeler v. Martin (MLW No. 60081/Case No. WD70746 - 7 pages) (Missouri Court of Appeals, Western District, Welsh, P.J.) Where plaintiffs pledged a certificate of deposit to their son and his business partner for a business start-up loan and the bank used the CD to offset the loan balance after the corporation defaulted, the corporation was ...