Cooperatieve Centrale Raiffeisen-Boerenleenbank, B.A. v. Francisco Javier Herrera Navarro
New York Court of Appeals
1Opinion of the Court
OPINION OF THE COURT
Rivera, J.
On this appeal, defendant guarantor seeks to avoid liability as provided under an “unconditional and absolute” guaranty in favor of plaintiff, on grounds that the default judgment against him, which constitutes the subject underlying debt, was obtained by plaintiff’s collusion. We conclude the Appellate Division properly held that defendant’s collusion claim constitutes a defense, barred by the express language of the guaranty, and, in any event, that his claim of collusion is contradicted by the record. Therefore, we affirm.
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Defendant Francisco Herrera Navarro…
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