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ROYAL BUS. FUNDS v. EHRLICH

78 Misc.2d 305 (1974)

Royal Business Funds Corporation, Plaintiff, v. Daniel R. Ehrlich, Defendant.

Supreme Court, New York County.

March 18, 1974

Attorney(s) appearing for the Case

Zimmer, Fishbach, Hertan & Haberman (Louis C. Fieland and Jay H. Landau of counsel), for plaintiff. Hawkins, Delafield & Wood (Clarence Fried and Philip R. Forlenza of counsel), for defendant.

ARNOLD L. FEIN, J.

This is a motion by plaintiff for summary judgment on defendant's written guarantee of a $750,000 loan.

In July, 1968 a loan agreement was entered into between plaintiff Royal Business Funds Corporation (Royal) and J. A. Maurer, Inc. (Maurer). The loan was secured by Maurer's collateral pledge agreement covering all the outstanding stock of Precision Film Laboratories, Inc. (Precision...

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