Legal Opinion
United Orient Bank v. Lee
Appellate Division of the Supreme Court of the State of New York
Decided January 30, 1996PublishedCited by 4 opinions
1Opinion of the Court
Order, Supreme Court, New York County (Ira Gammerman, J.), entered October 21, 1994, which, inter alia, granted plaintiff’s motion for summary judgment, and judgment of the same court and Justice entered thereon on October 27, 1994 in the sum of $488,252.75, unanimously affirmed, with costs.
The IAS Court properly granted plaintiff summary judgment on the guarantees as defendants failed to present evidence warranting a trial (see, Zuckerman v City of New York, 49 NY2d 557, 562). As the guarantees contained waivers of all defenses other than payment, defendants were precluded from asserting…
2Cases cited5 opinions
- Zuckerman v. City of New YorkNew York Court of Appeals · 1980
- Citibank, N. A. v. PlapingerNew York Court of Appeals · 1985
- Namad v. Salomon Inc.New York Court of Appeals · 1989
- Chemical Bank v. SeplerNew York Court of Appeals · 1983
- Marine Midland Bank, N. A. v. Bob Daubney Bowling Enterprises Inc.Appellate Division of the Supreme Court of the State of New York · 1988
3Cited by4 opinions
- Compagnie Financiere de CIC et de L'Union Europeenne v. Merrill Lynch, Pierce, Fenner & Smith Inc.Court of Appeals for the Second Circuit · 1999
- HSH Nordbank AG New York Branch v. SwerdlowDistrict Court, S.D. New York · 2009
- Apple Bank for Savings v. Aries Striping, Inc.Appellate Division of the Supreme Court of the State of New York · 1997
- Compagnie Financiere De Cic Et De L'union Europeenne v. Merrill LynchCourt of Appeals for the Second Circuit · 1999