Representative Work: Sussman Shank Prevails in Lease Guaranty Arbitration
We successfully defended a lease guaranty claim brought against Terri Waldroff by the landlords including Security and Investment Company of Lake Oswego, LLC. Waldroff was a minority member of the tenant of an assisted living facility in LaConner, Washington, and was sued by the landlords for amounts allegedly owed under the lease. Sussman Shank successfully argued that the landlords modified the risk under the guaranty which extinguished the guaranty. The arbitrator also awarded Waldroff her attorney fees. The arbitration award may not be appealed. Sussman Shank Partner Aaron Besen also assisted with his knowledge of the long term care industry and review of the commercial documentation.
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