National Loan Investors L.P. v. First Equities Corp.

—In an action to recover money due on a promissory note and related guaranty, the defendants Lehman Brothers, Inc., Lehman Brothers Holdings, Inc., Travelers Corp., Smith Barney, Inc., and Spring Meadows Associates, Ltd., appeal from so much of an order of the Supreme Court, Westchester County (Rosato, J.), entered March 10, 1998, as denied their cross motion for summary judgment dismissing the complaint insofar as asserted against them.

Ordered that the order is reversed insofar as appealed from, on the law, with costs, the cross motion is granted, the complaint is dismissed insofar as…