Salrex Investments, Inc. v. M. Slavin & Sons, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Order, Supreme Court, New York County (Carol H. Arber, J.), entered on or about June 18, 1994, which denied plaintiffs motion for summary judgment, unanimously reversed, on the law, and the motion granted, with costs. The Clerk is directed to enter judgment in favor of plaintiff in the amount of $240,000, plus interest from November 26, 1985, with costs.
*400In an action on a promissory note, where the documentary evidence conclusively indicates the existence of a loan, summary judgment will not be precluded based solely on the unsupported statement of the debtor indicating that the transaction…
2Cases cited2 opinions
- Ehrlich v. American Moninger Greenhouse Manufacturing Corp.New York Court of Appeals · 1970
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