410 Sixth Avenue Foods, Inc. v. 410 Sixth Avenue, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Order, Supreme Court, New York County (Seymour Schwartz, J.), entered October 5, 1992, which granted plaintiffs’ motion for a preliminary injunction, is unanimously reversed, on the law and facts, with costs and disbursements payable to appellants.
Plaintiffs (Tenants) entered into two lease agreements with defendants (Landlord) for buildings respectively located at 410 and 408 Sixth Avenue in New York City. As security for its performance under the rental agreements, Tenants obtained two letters of credit from Republic National Bank, each in the amount of $25,000. The letters of credit…
2Cases cited4 opinions
- Albini v. Solork AssociatesAppellate Division of the Supreme Court of the State of New York · 1971
- Foreign Venture Limited Partnership v. Chemical BankAppellate Division of the Supreme Court of the State of New York · 1977
- Chiat/Day Inc., Advertising v. KalimianAppellate Division of the Supreme Court of the State of New York · 1984
- Magar, Inc. v. National Westminster Bank USAAppellate Division of the Supreme Court of the State of New York · 1993
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