McLane Foodservice Inc. v. Table Rock Restaurants, L.L.C., et al, No. 12-50980 (5th Cir. 2013)Annotate this Case
McLane filed suit to recover certain debts owed by Table Rock for goods and services provided by McLane. McLane also sought to recover debts from Scot Wederquist, owner of a 40% interest in and treasurer of Table Rock, by virtue of a guaranty agreement. On appeal, McLane challenged the district court's holding that Wederquist was not personally liable under the guarantee agreement. The court concluded that the guaranty only secured credit extended by PFS to its affiliates. Because McLane was not an affiliate of PFS, the Table Rock Debts were not secured by the guaranty. Accordingly, the court affirmed the judgment of the district court.