Legal Opinion

Federal Savings & Loan Insurance v. Dokkim Ltd.

Appellate Division of the Supreme Court of the State of New York

Decided July 5, 1988PublishedCited by 1 opinion

1Opinion of the Court

— In an action to recover upon personal and corporate guarantees of a promissory note, the defendants Chong Ok Nam and Nara Inc., appeal from a judgment of the *549Supreme Court, Queens County (Leviss, J.), dated February 25, 1987, which after a nonjury trial, is in favor of the plaintiff and against them in the principal sum of $60,208.18.

Ordered that the judgment is affirmed, with costs.

On June 18, 1984, the plaintiff’s predecessor in interest loaned the defendant Dokkim Ltd. (hereinafter Dokkim) the sum of $84,278.40. In connection with the loan, the defendant Chong Ok Nam executed a personal…

2Cases cited3 opinions

  1. Pimpinello v. Swift & Co.New York Court of Appeals · 1930
  2. First National Bank v. BrowerNew York Court of Appeals · 1977
  3. Beacon Federal Savings & Loan Ass'n v. MarksAppellate Division of the Supreme Court of the State of New York · 1983

3Cited by1 opinion

  1. DeAngelis v. Korea First BankAppellate Division of the Supreme Court of the State of New York · 1998

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