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Wells Fargo v. Crown City Properties Appeal by Scribd Government Docs is a document available to read on EtoBox.
This decision by the Arizona Court of Appeals concerns a lawsuit filed by Wells Fargo Bank against several parties (Appellants) related to their default on a construction loan and personal guaranty. After a three-day bench trial, the trial court ruled in favor of Wells Fargo and awarded damages of over $28 million. On appeal, the Appellants argued that Wells Fargo should be equitably estopped from enforcing the guaranty. Specifically, they claimed that Wells Fargo agreed to modify the loan terms, which caus
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