Rusin v. Grasso

Judgment, Supreme Court, New York County (Carol E. Huff, J.), entered August 10, 2004, after a nonjury trial, in favor of plaintiff and against defendant-appellant in the principal amount of $80,000, plus interest of $97,200, costs and disbursements, unanimously affirmed, with costs.

The trial court’s finding that defendant defaulted on a $165,000 loan given to him by plaintiff, and that such default *157occurred on December 1, 1990, at which time there was a principal outstanding balance of $80,000, is supported by overwhelming evidence. In particular, in the so-called “first” agreement of July…