Legal Opinion

Medallion Financial Corp. v. Weingarten

Appellate Division of the Supreme Court of the State of New York

Decided October 29, 2015No. 653095/12 16015A 16015Published

1Opinion of the Court

Judgment, Supreme Court, New York County (Melvin L. Schweitzer, J.), entered July 29, 2014, awarding money damages to plaintiffs against defendants, unanimously affirmed, with costs. Appeal from order, same court and Justice, entered January 29, 2014, which granted plaintiffs’ motion for summary judgment on their claims and dismissing defendants’ counterclaims, unanimously dismissed, without costs, as subsumed in the appeal from the aforesaid judgment.

Plaintiffs extended more than $16 million in financing to defendants in connection with the acquisition of taxicab medallions. Under the…

2Cases cited2 opinions

  1. Lloyd Capital Corp. v. Pat Henchar, Inc.New York Court of Appeals · 1992
  2. JZ Smoke Shop, Inc. v. American Commercial Capital Corp.District Court, S.D. New York · 1989

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