Parham v. Congress Talcott Corp.

Judgment, Supreme Court, New York County (Richard B. Lowe, III, J.), entered June 10, 1994, dismissing the complaint, and bringing up for review an order, same court and Justice, entered May 12, 1994, which denied plaintiff’s motion for summary judgment and granted defendant’s cross motion for summary judgment, unanimously affirmed, without costs.

Plaintiff provided defendant factor with cash collateral to secure his guarantee of his corporation’s obligations to defendant. Seeking to recover the cost of vacating an attachment that another of defendant’s customers was able to obtain after it…