Legal Opinion

Extebank v. Marco Group, Inc.

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

Decided June 1, 1993PublishedCited by 2 opinions

1Opinion of the Court

—In an action, inter alia, to recover on a guarantee of payment, the plaintiff appeals from an order of the Supreme Court, Suffolk County (Jones, J.), dated February 21, 1991, which denied its motion for partial summary judgment on the issue of liability under the guarantee.

Ordered that the order is reversed, on the law, with costs, and the motion is granted.

We find that the guarantor has not raised any triable issue of fact by his defenses and counterclaims, with the exception of the commercial reasonableness of the disposition of the principal’s inventory, since the guarantor expressly…

2Cases cited4 opinions

  1. European American Bank v. LofreseAppellate Division of the Supreme Court of the State of New York · 1992
  2. New Jersey Bank, National Ass'n v. VaranoAppellate Division of the Supreme Court of the State of New York · 1986
  3. Chrysler Credit Corp. v. KosalAppellate Division of the Supreme Court of the State of New York · 1987
  4. Color Mate, Inc. v. Chase Manhattan Bank, N. A.Appellate Division of the Supreme Court of the State of New York · 1990

3Cited by2 opinions

  1. North Fork Bank & Trust Co. v. Bernstein & GershmanAppellate Division of the Supreme Court of the State of New York · 1994
  2. Fleet Bank v. Petri Mechanical Co.Appellate Division of the Supreme Court of the State of New York · 1997

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API