American Bank & Trust Co. v. Koplik
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Sullivan, J.
Federal Deposit Insurance Company, as receiver of American Bank and Trust Company, and individually under a loan security agreement, appeals from an order denying its motion for summary judgment in lieu of a complaint (CPLR 3213) based upon a written guarantee.
On or about August 27, 1976, as part of a loan transaction in which American Bank advanced $50,000 to Casual Citchen Corporation, Casual’s principals, defendants James Koplik and Sheldon Finkle, executed separate, but identical, irrevocable and unconditional guarantees of full *352payment of all of Casual’s…
2Cases cited9 opinions
- Moers v. . MoersNew York Court of Appeals · 1920
- Goldbard v. Empire State Mutual Life InsuranceAppellate Division of the Supreme Court of the State of New York · 1958
- Reilly v. . BarrettNew York Court of Appeals · 1917
- Plant City Steel Corp. v. National MacHinery Exchange, Inc.New York Court of Appeals · 1969
- Franklin National Bank v. SkeistAppellate Division of the Supreme Court of the State of New York · 1975
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3Cited by20 opinions
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- Israel v. ChabraCourt of Appeals for the Second Circuit · 2008
- Manufacturers Hanover Trust Co. v. GreenAppellate Division of the Supreme Court of the State of New York · 1983
- In Re CohenDistrict Court, E.D. New York · 2010
- Port Distributing Corp. v. PflaumerDistrict Court, S.D. New York · 1995
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