DISCLAIMER: Any unofficial case summaries below are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
142164P.pdf 07/02/2015 Avnet, Inc. v. David Wild
U.S. Court of Appeals Case No: 14-2164
U.S. District Court for the Northern District of Iowa - Cedar Rapids
[PUBLISHED] [Bye, Author, with Beam and Benton, Circuit Judges]
Civil case - Suretyship and Guaranty. The District Court did not err in
determining that Iowa courts would adopt the rule set forth in Restatement
(Third) of Suretyship and Guaranty Section 13, which generally allows a
creditor's assignee to enforce a guaranty even if it would have
traditionally been considered a special guaranty under common law; none of
the exceptions contained in Section 13 applied, and the district court did
not err in enforcing defendant's guaranty.