Black Warrior Minerals, Inc. v. Fay, 1100627 (Ala. 8-5-2011)

Summary

The Alabama Supreme Court reversed the trial court’s judgment for Fay, holding that the personal guaranty was unambiguous and covered all of Empire’s monetary obligations, not merely amounts exceeding $1.2 million, and remanded for a judgment in favor of Black Warrior on the guaranty claim.