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Supreme Court of New Jersey
New Jersey Supreme Court: Single Signature Can Create Dual Corporate and Personal Liability
The New Jersey Supreme Court unanimously ruled that a single signature on a credit agreement can simultaneously bind both a company and its representative personally as guarantor. The December 2, 2025 decision in *Extech Building Materials, Inc. v. E&N Construction, Inc.* clarifies standards for personal guarantees in corporate contract disputes.
•New Jersey Supreme Court unanimously ruled that personal guarantees require unambiguous manifestation of intent to be personally bound
•Case involved ambiguous credit agreement language where corporate president's signature created liability questions
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