Midland Steel Warehouse Corp. v. Godinger Silver Art Ltd.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Order, Supreme Court, New York County (Alice Schlesinger, J.), entered August 26, 1999, which, in this action alleging breach of a guarantee agreement, granted defendant’s motion for sum*342mary judgment dismissing the complaint, unanimously reversed, on the law, without costs, the motion denied and the complaint reinstated.
Defendant Godinger Silver Art Ltd. attempts to avoid its liability as guarantor of debts incurred by nonparty Regency Metal Stamping, Inc. on the ground that sales made by plaintiff to Regency exceeded that company’s $50,000 line of credit. However, defendant solicited credit…
2Cases cited7 opinions
- General Phoenix Corp. v. CabotNew York Court of Appeals · 1949
- Bier Pension Plan Trust v. Estate of SchneiersonNew York Court of Appeals · 1989
- American Trading Co. v. FishNew York Court of Appeals · 1977
- Shire Realty Corp. v. SchorrAppellate Division of the Supreme Court of the State of New York · 1977
- Brewster Transit Mix Corp. v. McLeanAppellate Division of the Supreme Court of the State of New York · 1991
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- Pomaro v. Quality Sheet Metal, Inc.Appellate Division of the Supreme Court of the State of New York · 2002
- Federal Insurance v. Turner Construction Co.District Court, S.D. New York · 2011
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