Legal Opinion

HSBC Bank USA v. IPO, LLC

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

Decided January 8, 2002PublishedCited by 9 opinions

1Opinion of the Court

Order, Supreme Court, New York County (Helen Freedman, J.), entered December 13, 2000, which granted plaintiffs motion for summary judgment in lieu of complaint and directed judgment in its favor in the amount of $1,449,802.85 plus interest, costs and fees, unanimously reversed, on the law, without costs, the motion denied and the matter remanded for further proceedings.

Plaintiff sues on a defaulted loan initially negotiated in 1997 and guaranteed unconditionally, by the individual defendants, in early 1998. Later that year the lending arrangement was substantially modified, without further…

2Cases cited4 opinions

  1. Security Trust Co. v. ThomasAppellate Division of the Supreme Court of the State of New York · 1977
  2. Transamerica Commercial Finance Corp. v. MatthewsAppellate Division of the Supreme Court of the State of New York · 1991
  3. Mack Financial Corp. v. KnoudAppellate Division of the Supreme Court of the State of New York · 1983
  4. First American Bank v. L. V. Lowden, Inc.Appellate Division of the Supreme Court of the State of New York · 1993

3Cited by9 opinions

  1. Sterling National Bank v. BiaggiAppellate Division of the Supreme Court of the State of New York · 2008
  2. Rodrigues v. SamarasAppellate Division of the Supreme Court of the State of New York · 2014
  3. Cortlandt Street Recovery Corp. v. Hellas TelecommunicationsNew York Supreme Court · 2014
  4. Chrysler E. Bldg., L.L.C. v. Keenwawa, Inc.Appellate Division of the Supreme Court of the State of New York · 2023
  5. Chrysler E. Bldg., L.L.C. v. Keenwawa, Inc.Appellate Division of the Supreme Court of the State of New York · 2023

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