Banditree, Inc. v. Calpo, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
*75OPINION OF THE COURT
Kupferman, J. P.
Pursuant to the terms of a promissory note, dated December 2, 1985, the firm of Nixon, Hargrave, Devans & Doyle, in letters dated July 27, 1987, gave notice of default, on behalf of its client Banditree, Inc., to defendant Calpo, Inc., the maker, and defendants Tollman and Hundley, guarantors of the note. The letters stated that unless the default was cured within 10 days, the entire amount outstanding would be due and payable without further notice. Thereafter, on August 17, 1987, having received no response from defendants, Banditree commenced this action…
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