Legal Opinion
HSH Nordbank AG New York Branch v. Swerdlow
District Court, S.D. New York
Decided November 23, 2009No. 08 Civ. 6131(DLC)PublishedCited by 11 opinions
1Opinion of the Court
OPINION & ORDER
DENISE COTE, District Judge.
Plaintiff HSH Nordbank AG New York Branch (“plaintiff’ or “HSH”) seeks to recover from defendants monies due pursuant to two written guaranties of payment executed in connection with a real estate construction loan. On July 21, 2009, plaintiff moved for summary judgment. For the reasons stated herein, the motion is granted.
BACKGROUND
1. The Loan Agreement
On December 15, 2005, HSH agreed to loan Holly Hill I Associates, Ltd. (“Borrower”) up to $192 million (the “Loan”) to finance the development of two 25-story residential condominium towers comprising…
2Cases cited28 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Wright v. GoordCourt of Appeals for the Second Circuit · 2009
- Roe v. City of WaterburyCourt of Appeals for the Second Circuit · 2008
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