Wells Fargo Bank Minnesota v. CD Video, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Order, Supreme Court, New York County (Carol R. Edmead, J.), entered July 9, 2004, which, inter alia, granted plaintiffs motion for summary judgment on its claims for breach of an *352equipment lease and to enforce a personal guarantee, unanimously affirmed, with costs.
Inasmuch as it is undisputed that plaintiff took the assignment of the subject equipment lease from the lessor in good faith and for value, and the lease absolutely and unconditionally obligated defendant lessee to pay the amounts due thereunder to an assignee of the lessor, plaintiff was not required to prove the lessor’s…
2Cases cited3 opinions
- West Virginia, Department of Finance & Administration v. Hassett (In Re O.P.M. Leasing Services, Inc.)United States Bankruptcy Court, S.D. New York · 1982
- Credit Alliance Corp. v. David O. Crump Sand & Fill Co.District Court, S.D. New York · 1979
- Wells Fargo Bank, N.A., F/k/a Wells Fargo Bank Minnesota, N.A., Indenture Trustee v. Brooksamerica Mortgage Corporation and Michael Wayne BrooksCourt of Appeals for the Second Circuit · 2005
3Cited by2 opinions
- CN Funding LLC v. Ensig Group Ltd.New York Supreme Court · 2007
- CN Funding, LLC v. Ensig Group, Ltd.Appellate Division of the Supreme Court of the State of New York · 2008