Soparge v. Rosenblatt
Appellate Division of the Supreme Court of the State of New York
1Dissent
McGivern, J. (dissenting).
I would affirm the denial of summary judgment to the defendants and I would reverse the grant of summary judgment to the plaintiff.
Under every aspect of these multi-faceted agreements, I do not find the intent clear that the individual defendants were guarantors or principal obligors. Yet, for the plaintiff to recover, the intent must be clear. (Chemical Corn Exch. Bank v. Brous, 6 Misc 2d 372; 57 N. Y. Jur., Suretyship and Guaranty, § 106.)
Special Term rejected out of hand the defense of usury, although it may be available if the undertaking to submit an audit was…
2Cases cited3 opinions
- General Phoenix Corp. v. CabotNew York Court of Appeals · 1949
- Rosen v. Columbia Savings & Loan Ass'nNew York Supreme Court · 1961
- Chemical Corn Exchange Bank v. BrousNew York Supreme Court · 1957