Legal Opinion

Commercial Trading Co. v. Freidus

Appellate Division of the Supreme Court of the State of New York

Decided February 25, 1986PublishedCited by 7 opinions

1Opinion of the Court

OPINION OF THE COURT

Milonas, J.

The evidence at trial was undisputed that plaintiff Commercial Trading Company, Inc., extended a series of loans to defendants’ corporation, 601 West 26th Corporation (601 Corp.), including loan No. 9 in the sum of $200,000 which was evidenced by some 200 promissory notes. Defendants Jacob and Ella Freidus, officers of 601 Corp., executed personal guarantees for loan No. 9. In addition, Jacob Freidus executed a continuing unlimited guarantee which covered all loans by plaintiff to 601 Corp., and Jacob and Ella Freidus signed a cross collateral agreement…

2Cases cited6 opinions

  1. Murray v. City of New YorkNew York Court of Appeals · 1977
  2. Federal Deposit Insurance v. ForteAppellate Division of the Supreme Court of the State of New York · 1983
  3. Git Industries, Inc. v. RoseAppellate Division of the Supreme Court of the State of New York · 1981
  4. GIT Industries, Inc. v. RoseNew York Court of Appeals · 1984
  5. Smith v. RothmanAppellate Division of the Supreme Court of the State of New York · 1958

1 more not listed; retrieve them via the Exa API.

3Cited by7 opinions

  1. Walther v. Bank of New YorkDistrict Court, S.D. New York · 1991
  2. Golden City Commercial Bank v. Hawk Properties Corp.Appellate Division of the Supreme Court of the State of New York · 1997
  3. Ryan v. Zinker (In Re Sprint Mortgage Bankers Corp.)District Court, E.D. New York · 1995
  4. Gateway State Bank v. Winchester Builders, Inc.Appellate Division of the Supreme Court of the State of New York · 1998
  5. Jordache Enterprises, Inc. v. Gettinger AssociatesAppellate Division of the Supreme Court of the State of New York · 1992

2 more not listed; retrieve them via the Exa API.

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