Weissman v. Sinorm Deli, Inc.
New York Court of Appeals
1Opinion of the Court
OPINION OF THE COURT
Chief Judge Kaye.
Two questions lie at the heart of this appeal. First, is the indemnification sued on an "instrument for the payment of money only” within CPLR 3213? Second, is the indemnification a guaranty by the individual defendants of the corporation’s obligation? We answer both questions in the negative: the individual defendants’ indemnification is neither "an instrument for the payment of money only” within CPLR 3213 nor a guaranty. The summary remedy is therefore not available to plaintiff, and indeed summary judgment should be granted against him dismissing his…
2Cases cited11 opinions
- W.W.W. Associates, Inc. v. GiancontieriNew York Court of Appeals · 1990
- Hooper Associates Ltd. v. AGS Computers, Inc.New York Court of Appeals · 1989
- Interman Industrial Products, Ltd. v. R. S. M. Electron Power, Inc.New York Court of Appeals · 1975
- Levine v. Shell Oil Co.New York Court of Appeals · 1971
- General Phoenix Corp. v. CabotNew York Court of Appeals · 1949
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- Gibbs-Alfano v. BurtonCourt of Appeals for the Second Circuit · 2002
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- Goodman v. Port AuthorityDistrict Court, S.D. New York · 2012
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