Tette v. Marine Midland Bank
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Callahan, J.
On May 18, 1977 plaintiff loaned Asore Realty Corporation $42,000 as evidenced by a promissory note executed by Philip J. Scardino, individually and as president of the corporation. In January, 1978, when demand was made for payment in full, Scardino and his corporation defaulted on the note. Lacking the $40,000 then due on principal, Scardino offered to sell plaintiff a home under construction and owned by the corporation with the balance due on the loan being applied to the purchase price. A preliminary outline of an agreement was submitted to plaintiff for…
2Cases cited11 opinions
- Burns v. . McCormickNew York Court of Appeals · 1922
- Hechter v. New York Life InsuranceNew York Court of Appeals · 1978
- Booth v. . PowersNew York Court of Appeals · 1874
- Sprague v. . CochranNew York Court of Appeals · 1894
- Griggs v. . DayNew York Court of Appeals · 1892
6 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Leigh Co. v. Bank of New YorkDistrict Court, S.D. New York · 1985
- Manshul Construction Corp. v. Dormitory Authority of New YorkNew York Supreme Court · 1981
- Moore v. Richmond Hill Savings BankAppellate Division of the Supreme Court of the State of New York · 1986
- County Concrete Corp. v. SmithNew Jersey Superior Court Appellate Division · 1998
- Cartwright Van Lines, Inc. v. Barclays BankAppellate Division of the Supreme Court of the State of New York · 1986
9 more not listed; retrieve them via the Exa API.