Delaware Funds, Inc. v. Zuckerman-Honickman, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Judgment unanimously reversed, on the law and facts, with costs and complaint dismissed. Memorandum: Delaware Funds, Inc. (Delaware), a New York corporation, by unilateral instrument dated July 10, 1970, undertook to guarantee the debts of Moyer Company, a Pennsylvania corporation, to Zuckerman-Honickman, Inc. (Zuckerman), a Pennsylvania corporation doing business with Moyer. Delaware is a major stockholder of Moyer and the guarantee was given to assure that Zuckerman would continue to supply Moyer with glass and plastic bottles. On or about August 17, 1970, Delaware mailed a letter to…
2Cases cited3 opinions
- Wesselman v. Engel Co.New York Court of Appeals · 1955
- Henry McShane Co. v. PadianNew York Court of Appeals · 1894
- American Chain Co. v. Arrow Grip Manufacturing Co.New York Supreme Court · 1929
3Cited by12 opinions
- Flemington National Bank & Trust Co. v. Domler Leasing Corp.Appellate Division of the Supreme Court of the State of New York · 1978
- Eisenberg v. J L International, Ltd. (In Re Sider Ventures & Services Corp.)United States Bankruptcy Court, S.D. New York · 1983
- In Re Solutia Inc.United States Bankruptcy Court, S.D. New York · 2007
- National Bank v. Dogwood Construction Corp.Appellate Division of the Supreme Court of the State of New York · 1975
- Bankers Trust Hudson Valley v. ChristieAppellate Division of the Supreme Court of the State of New York · 1979
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