Legal Opinion

Atlantic National Trust LLC v. Silver

Appellate Division of the Supreme Court of the State of New York

Decided July 22, 2004PublishedCited by 3 opinions

1Opinion of the Court

*322Order, Supreme Court, New York County (Carol Edmead, J.), entered on or about July 3, 2003, which, in an action on a promissory note, inter alia, granted plaintiffs motion for summary judgment, unanimously affirmed, without costs.

The motion court correctly held that the letter dated December 30, 1993, authored by the servicing agent for the loan and signed by defendant borrower, constituted an acknowledgment of defendant’s debt, within the meaning of General Obligations Law § 17-101, that restarted the statute of limitations. The letter explicitly refers to the loan, its June 1, 1993 maturity…

2Cases cited1 opinion

  1. Banco do Brasil S. A. v. State of Antigua & BarbudaAppellate Division of the Supreme Court of the State of New York · 2000

3Cited by3 opinions

  1. Moore v. CANDLEWOOD HOLDINGS, INC.District Court, E.D. New York · 2010
  2. 20 Plaza Housing Corp. v. 20 Plaza East RealtyNew York Supreme Court · 2012
  3. City of New York v. North River Housing Development Fund Corp.Appellate Division of the Supreme Court of the State of New York · 2004

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