Legal Opinion

Kahan v. Sulaymanov

Appellate Division of the Supreme Court of the State of New York

Decided July 12, 1996PublishedCited by 1 opinion

1Opinion of the Court

—Order unanimously affirmed with costs. Memorandum: Supreme Court properly denied plaintiffs motion for summary judgment against defendant Vyachslav Sulaymanov. Sulaymanov presented evidence that plaintiff took the note with actual knowledge of a defense to the note, raising a triable issue whether plaintiff is a holder in due course (see, Fazio v Loweth, 112 AD2d 135, 137; UCC 3-302 [1] [c]). Even if plaintiff is a holder in due course, summary judgment was properly denied. Sulaymanov’s allegations of fraud in the inducement and misrepresentation, defenses that may be raised against a holder…

2Cases cited3 opinions

  1. Genen v. McElroyAppellate Division of the Supreme Court of the State of New York · 1995
  2. Fazio v. LowethAppellate Division of the Supreme Court of the State of New York · 1985
  3. Pioneer Credit Corp. v. Bon Bon Cleaners Corp.Appellate Division of the Supreme Court of the State of New York · 1972

3Cited by1 opinion

  1. Silverberg v. MirenbergCivil Court of the City of New York · 2001

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