United States v. Lowy
District Court, E.D. New York
1Opinion of the Court
GLASSER, District Judge:
The Government moves for summary judgment in this action to collect on two Small Business Administration [“SBA”] guaranties and to foreclose on a mortgage. Defendants oppose the motion and also cross-move for summary judgment. For reasons stated below, the Government’s motion is granted and defendants’ motion is denied.
FACTS
On or about July 24, 1975, Adria Industries Corportion (“Adria”), through its president, defendant David Lowy, executed and delivered to the SBA a Note (“the 1975 Note”) obligating it to pay $100,000 plus interest pursuant to a schedule set forth in…
2Cases cited13 opinions
- United States v. Kimbell Foods, Inc.Supreme Court of the United States · 1979
- Clearfield Trust Co. v. United StatesSupreme Court of the United States · 1943
- n.sidney Nyhus v. Travel Management CorporationCourt of Appeals for the D.C. Circuit · 1972
- United States v. Duane G. Willis and Mary J. WillisCourt of Appeals for the Sixth Circuit · 1979
- Patsy Anderson v. United Finance CompanyCourt of Appeals for the Ninth Circuit · 1982
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- Topical Jewelers, Inc. v. Nationsbank, NaDistrict Court of Appeal of Florida · 2000
- Chrysler Credit Corp. v. CurleyDistrict Court, E.D. Virginia · 1990
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