Legal Opinion
Chemical Bank v. Sepler
New York Court of Appeals
Decided November 29, 1983PublishedCited by 44 opinions
1Opinion of the Court
OPINION OF THE COURT
Kaye, J.
Personal guarantees issued in connection with loans to a corporation may survive repayment of the corporate indebtedness where the guarantees provide that they are continuing until terminated by written notice. We therefore affirm the order of the Appellate Division upholding summary judgment for respondent, Chemical Bank, in its application of appellants’ personal guarantees to subsequent obligations of the corporation acquired by the bank through assignment.
*292Appellants Sandy Sepler, David Sepler and Lawrence Roth were officers of Damsel Manufacturing Company…
2Cases cited9 opinions
- Rose v. Spa Realty AssociatesNew York Court of Appeals · 1977
- Chemical Bank v. PIC Motors Corp.New York Court of Appeals · 1983
- Chemical Bank v. PIC Motors Corp.Appellate Division of the Supreme Court of the State of New York · 1982
- Corn Exchange Bank Trust Co. v. GiffordNew York Court of Appeals · 1935
- Travelers Indemnity Co. v. Buffalo Motor & Generator Corp.Appellate Division of the Supreme Court of the State of New York · 1977
4 more not listed; retrieve them via the Exa API.
3Cited by44 opinions
- Cooperatieve Centrale Raiffeisen-Boerenleenbank, B.A. v. Francisco Javier Herrera NavarroNew York Court of Appeals · 2015
- In Re RossUnited States Bankruptcy Court, S.D. New York · 1986
- Fehr Bros. v. ScheinmanAppellate Division of the Supreme Court of the State of New York · 1986
- Compagnie Financiere de CIC et de L'Union Europeenne v. Merrill Lynch, Pierce, Fenner & Smith Inc.Court of Appeals for the Second Circuit · 1999
- First New York Bank for Business v. DeMarcoDistrict Court, S.D. New York · 1991
39 more not listed; retrieve them via the Exa API.