Republic Nat. Bank of New York v. Sabet
District Court, S.D. New York
1Opinion of the Court
OPINION AND ORDER
CONNER, District Judge:
This removed action is presently before the Court on plaintiff’s motion for summary judgment in lieu of a complaint.
Background
This is an action on a promissory note (the “note”) in the principal amount of $1,500,000 executed by defendant Hormoz Sabet in his capacity as president of defendant Firooz Corporation (“Firooz”), at that time an Iranian private joint stock company; and on an unconditional personal guarantee (the “guarantee”) of Firooz’s obligations under that note executed by Hormoz Sabet and defendant Habib Sabet, Hormoz’s father. 1 The note…
2Cases cited18 opinions
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- Philo Smith & Co., Inc. And James E. Rutherford v. Uslife CorporationCourt of Appeals for the Second Circuit · 1977
- Sunrise Toyota, Ltd. v. Toyota Motor Co.District Court, S.D. New York · 1972
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