Legal Opinion
VOR Associates v. Ontario Aircraft Sales & Leasing, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided November 10, 1993PublishedCited by 8 opinions
1Opinion of the CourtWhite, J.
Appeal from an order of the Supreme Court (Keegan, J.), entered August 31, 1992 in Albany County, which, upon renewal, granted defendant’s motion to dismiss the complaint.
This action arises out of a guaranty agreement wherein defendant agreed to guarantee the performance of its wholly owned subsidiary HLS Karlsonne Corporation, which had entered into a lease/purchase agreement with plaintiff for an airplane. Under the terms of the agreement, the parties "irrevocably” designated any New York or Federal court sitting in Albany as the forum for any action arising out of the agreement.
Plaintiff…
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