Legal Opinion

Chase Manhattan Bank, N.A. v. Ungarten

District Court, S.D. New York

Decided August 20, 1990No. 82 Civ. 6669(MEL)Published

1Opinion of the Court

LASKER, District Judge.

The Chase Manhattan Bank, N.A., Credit Services Division (“Chase”) brought this action to enforce a personal guaranty (“the Guaranty”) executed by defendants Frank and Christine Ungarten in favor of Chase on all obligations of Doreen Fashions, Inc. *168(“Doreen”) to Chase.1 A bench trial was held and this opinion constitutes the findings of fact and conclusions of law required by Fed.R.Civ.P. 52.

I

On March 21, 1977 Chase entered into a factoring agreement with Doreen (“the Agreement”), which was signed by Frank and Christine Ungarten.2

Paragraph 5 of the Agreement states: You…

2Cases cited5 opinions

  1. Brenhouse v. Anthony Industries, Inc.Appellate Division of the Supreme Court of the State of New York · 1989
  2. Mohawk-Schoharie Production Credit Ass'n v. WilberAppellate Division of the Supreme Court of the State of New York · 1979
  3. I. Appel Corp. v. Crocker Commercial Services, Inc.Appellate Division of the Supreme Court of the State of New York · 1989
  4. Mohawk-Schoharie Production Credit Ass'n v. WilberNew York Court of Appeals · 1980
  5. I. Appell Corp. v. Crocker Commercial Services, Inc.Appellate Division of the Supreme Court of the State of New York · 1989

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