Centi v. McGillin
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtDevine, J.
Appeal from a judgment of the Supreme Court (J. Sise, J.), entered March 3, 2016 in Montgomery County, upon decisions of the court in favor of plaintiff.
This action, commenced in May 2010, stems from an oral agreement between plaintiff and defendant. Plaintiff claimed that in 2003, he loaned defendant $170,000 to be repaid in 131 installments at an interest rate of 3.95%. In his answer, defendant denied that he borrowed any money from plaintiff. After a nonjury trial in March 2015, Supreme Court determined that defendant defaulted on the loan and entered a judgment in favor of plaintiff in…
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