Legal Opinion
Grand Pacific Finance Corp. v. 97-111 HALE, LLC
Appellate Division of the Supreme Court of the State of New York
Decided December 20, 2011PublishedCited by 4 opinions
1Opinion of the Court
In this action to recover the amounts due under three loans, plaintiff established its prima facie entitlement to judgment as a matter of law by providing evidence that it held the three notes and that defendants had failed to make the payments due under the notes (Superior Fid. Assur., Ltd. v Schwartz, 69 AD3d 924, 925 [2010]). In addition, defendants admitted in both their answer and amended answer that they had defaulted on the three notes.
Defendants’ opposition failed to raise a triable issue of fact *535sufficient to defeat summary judgment. The notes and related guarantees prohibited…
2Cases cited4 opinions
- Banco do Estado de Sao Paulo S.A. v. Mendes Junior International Co.Appellate Division of the Supreme Court of the State of New York · 1998
- Superior Fidelity Assurance, Ltd. v. SchwartzAppellate Division of the Supreme Court of the State of New York · 2010
- Banco Nacional de Mexico v. Ecoban Finance Ltd.Appellate Division of the Supreme Court of the State of New York · 2000
- Slade v. Metropolitan Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1996
3Cited by4 opinions
- Aurora Loan Services, LLC v. EnawAppellate Division of the Supreme Court of the State of New York · 2015
- GE Oil & Gas, Inc. v. Turbine Generation Services, L.L.C.Appellate Division of the Supreme Court of the State of New York · 2017
- H&H Custom Homes, Inc. v. KossoffAppellate Division of the Supreme Court of the State of New York · 2012
- H&H Custom Homes, Inc. v. KossoffAppellate Division of the Supreme Court of the State of New York · 2012