Teitelbaum v. Mordowitz
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Judgment, Supreme Court, New York County (Ira Gammerman, J.), entered October 15, 1996, insofar as appealed from, awarding plaintiff damages as against defendant-appellant after granting her motion for summary judgment, unanimously affirmed, with costs.
The three writings on which plaintiff relies clearly constitute a continuing obligation by defendant personally to guarantee repayment of plaintiff’s $220,000 loan given to certain real estate projects with which defendant was associated. All three writings recite the same $220,000 loan, and do not lack consideration simply because they were…
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