JPMORGAN CHASE BANK, N.A. v. LARRY J. WINGET; LARRY J. WINGET LIVING TRUST - Articles

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JPMORGAN CHASE BANK, N.A. v. LARRY J. WINGET; LARRY J. WINGET LIVING TRUST

Posted by: Karen Belcher on Nov 7, 2019

Court: 6th Circuit Court (Published Opinions)

Attorneys 1:

ARGUED: John J. Bursch, BURSCH LAW PLLC, Caledonia, Michigan, for Appellants. James W. Ducayet, SIDLEY AUSTIN, LLP, Chicago, Illinois, for Appellee. 

Attorneys 2:

ON BRIEF: John J. Bursch, BURSCH LAW PLLC, Caledonia, Michigan, John E. Anding, Thomas V. Hubbard, DREW, COOPER & ANDING, P.C., Grand Rapids, Michigan, for Appellants. James W. Ducayet, Kendra L. Stead, SIDLEY AUSTIN, LLP, Chicago, Illinois, for Appellee.

Judge(s): SUTTON, COOK, and THAPAR, Circuit Judges.

Court Appealed: Appeal from the United States District Court for the Eastern District of Michigan at Detroit

THAPAR, Circuit Judge. As is so often the case, the simplest answer here is also the correct one. Over fifteen years ago, the Larry J. Winget Living Trust agreed to guarantee a loan issued by JPMorgan Chase Bank. The Trust now owes the bank hundreds of millions of dollars.

Two years ago, our court described a prior appeal as “the latest episode in a long-running saga that must now come to a close.” Winget, 678 F. App’x at 356. We now know better than to think that our decision today will close the book for good. But at least we’re a chapter closer. We affirm.

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