Contracts—Breach of Lease and Other Agreements, Including Personal Guarantees—Frustration of Purpose—Liquidated Damages

The defendants appealed from a trial court judgment in the plaintiffs' favor on liability, with respect to claims for breach of an asset purchase agreement (APA), an administrative services agreement (ASA), a lease agreement, and guaranty agreements. The trial court granted the plaintiffs' motion for summary judgment and denied the defendants' motion for summary judgment. The dispute arose from a failed sale of an ambulatory surgical center (CSC).