Scarsdale National Bank & Trust Co. v. Stein
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
In an action to recover on a written guarantee of payment, the defendants appeal from an order of the Supreme Court, Westchester County (Ferraro, J.), entered December 23, 1987, which granted the plaintiff’s motion for summary judgment.
Ordered that the order is affirmed, with costs.
The mere assertion by the defendants that it was not their intention to become liable for the debtor’s two preexisting notes does not raise a triable issue of fact since the unconditional and continuing guarantee which they executed clearly provides that the guarantee was to apply to the preexisting debts (see,…
2Cases cited4 opinions
- Citibank, N. A. v. PlapingerNew York Court of Appeals · 1985
- Bethlehem Steel Co. v. Turner Construction Co.New York Court of Appeals · 1957
- National Bank v. Dogwood Construction Corp.Appellate Division of the Supreme Court of the State of New York · 1975
- Kleet Lumber Co. v. Quail Homes of Long Island, Inc.Appellate Division of the Supreme Court of the State of New York · 1987