Manufacturers Hanover Trust Co. v. Margolis

Order of the Supreme Court, New York County (Irving Kirschenbaum, J.), entered on June 26, 1984, which denied plaintiffs motion for summary judgment in lieu of complaint, is unanimously reversed, on the law, and the motion granted, with costs and disbursements.

Plaintiff Manufacturers Hanover Trust Company (MHT) commenced the instant action for summary judgment in lieu *407of complaint to recover $155,000 in principal plus accrued interest due on a promissory note executed by defendant. In opposition thereto, defendant states that the promissory note involved herein was part of a transaction…