Collateral Factors Corp. v. Meyers

These appeals present, once again, the question of whether the defendants transacted any business within the State rendering them subject to jurisdiction pursuant to CPLR 302 (subd. [a], par 1). Plaintiff brings these actions seeking recovery on promissory notes executed and delivered by the defendants to plaintiff’s assignor Black Watch Farms, Inc. (hereinafter referred to as Farms). Defendants purchased pure-bred cattle from Farms, delivering as payment a series of promissory notes. In connection with the purchase and as part of one integrated transaction defendants entered into a breeding…