Manufacturers Hanover Trust Co. v. L.N. Properties Inc.

—Order, Supreme Court, New York County (C. Beauchamp Ciparick, J.) entered December 14, 1990 which, inter alia, denied summary judgment in favor of defendants, unanimously affirmed, with costs.

Plaintiff seeks to recover $1,103,027 plus interest from the defendants, based upon a certain note and guarantees executed by the defendants in various capacities, in favor of plaintiff, to secure the payment of a loan in the principal amount of $1,000,000. Defendants do not dispute the existence and execution of the note and guarantees but, in opposition to the plaintiff’s motion for summary judgment…