Legal Opinion
Industrial Equipment Credit Corp. v. Green
New York Court of Appeals
Decided June 12, 1984PublishedCited by 12 opinions
APPEARANCES OF COUNSEL
1Opinion of the Court
OPINION OF THE COURT
Memorandum.
The judgment appealed from and order of the Appellate Division brought up for review should be affirmed, with costs.
Defendants are guarantors on a note given to plaintiff’s predecessor to secure an equipment lease for the acquisition of theatre equipment. The lease was for the term of 60 months and required an advance payment of $3,366 and monthly payments of $967.73. Defendants guaranteed due payment and performance by the lessee and their guarantee provided that the liability of the guarantors was direct and unconditional and could be enforced by the creditor…
2Cases cited3 opinions
- First National Bank v. BrowerNew York Court of Appeals · 1977
- Crowe v. . Liquid Carbonic Co.New York Court of Appeals · 1913
- S. M. Flickinger Co. v. 18 Genesee Corp.Appellate Division of the Supreme Court of the State of New York · 1979
3Cited by12 opinions
- Martin v. Key Bank of New York, N.A. (In Re Martin)District Court, N.D. New York · 1997
- Kamco Supply Corp. v. Annex Contracting, Inc.Appellate Division of the Supreme Court of the State of New York · 1999
- MTI Systems Corp. v. HatziemanuelAppellate Division of the Supreme Court of the State of New York · 1989
- M. Sobol, Inc. v. Wykagyl Pharmacy, Inc.Appellate Division of the Supreme Court of the State of New York · 2001
- Orix Credit Alliance, Inc. v. Grace Industries, Inc.Appellate Division of the Supreme Court of the State of New York · 1999
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