CHEM. BANK v. WASSERMAN


37 N.Y.2d 249 (1975)

Chemical Bank, Respondent, v. Maxine Wasserman, Appellant, et al., Defendants.

Court of Appeals of the State of New York.

Decided June 19, 1975.


Attorney(s) appearing for the Case

Barton Nachamie for appellant.

Harold Weisblatt, William I. Rodier, Jr. and Susan Mae Wanderman for respondent.

Chief Judge BREITEL and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and COOKE concur.


MEMORANDUM.

The order of the Appellate Division granting respondent's motion for summary judgment should be affirmed. In December, 1967 the respondent bank extended a loan to a corporation — the loan being guaranteed by the appellant. The guarantee was continuing in nature and covered not only the 1967 loan but also applied to any subsequent loans made by the bank to the corporation; it also provided that the appellant...

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