MAGUIRE LEASING CORP. v. IRVING FALB & CO.


49 A.D.2d 540 (1975)

Maguire Leasing Corp., Respondent, v. Irving Falb & Co. et al., Defendants, and Irving Falb, by Robert Falb, His Executor, et al., Appellants

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

July 8, 1975


Respondent shall recover of appellants $60 costs and disbursements of this appeal. Plaintiff seeks to recover the balance due under an equipment lease agreement. The agreement provided for 36 installments at the rate of approximately $614 per month. The defendant partnership defaulted on October 25, 1972 after having paid 16 installments. The plaintiff, however, did not at that time repossess the collateral and indeed, was advised by the attorney for the defendants-appellants...

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