Legal Opinion
Chemical Bank v. Nemeroff
Appellate Division of the Supreme Court of the State of New York
Decided November 21, 1996PublishedCited by 2 opinions
1Opinion of the Court
Judgment, Supreme Court, New York County (Beatrice Shainswit, J.), entered April 23, 1996, awarding plaintiff damages and bringing up for review an order of the same court and Justice entered September 13, 1995, which, inter alia, granted plaintiff’s motion for summary judgment in lieu of complaint pursuant to CPLR 3213, unanimously affirmed, with costs.
As the guaranty in question is an instrument for the payment of money only, and since there is no dispute that there has been a default in payment of the corresponding loan, the guaranty was properly enforced pursuant to CPLR 3213…
2Cases cited6 opinions
- Seaman-Andwall Corp. v. Wright Machine Corp.Appellate Division of the Supreme Court of the State of New York · 1968
- Seaman-Andwall Corp. v. Wright MacH. Corp.New York Court of Appeals · 1971
- Chemical Bank v. PIC Motors Corp.New York Court of Appeals · 1983
- Leumi Financial Corp. v. RichterNew York Court of Appeals · 1966
- Chemical Bank v. PIC Motors Corp.Appellate Division of the Supreme Court of the State of New York · 1982
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3Cited by2 opinions
- Bank Leumi USA v. AgatiAppellate Division of the Supreme Court of the State of New York · 2004
- Valencia Sportswear, Inc. v. D.S.G. Enterprises, Inc.Appellate Division of the Supreme Court of the State of New York · 1997