ALLIED CHEM. CORP. v. RUSKIN


39 A.D.2d 881 (1972)

Allied Chemical Corporation, Respondent, v. Theodore Ruskin, Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

June 22, 1972


Unanimously reversed, on the law, the motion denied, the cross motion granted, and the judgment entered thereon on February 1, 1972, vacated, without prejudice. Appellant shall recover of respondent $50 costs and disbursements of this appeal.

The guarantee was delivered in consideration of future sales. The absence of such future sales constitutes a failure of consideration barring recovery on the guarantee. (Standard Oil Co. v. Koch, 260 N.Y. 150.) The dismissal...

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