PARLIAMENT FUNDING & LEASING CORP. v. HILTON-ZADEK OPTICAL CORP.


61 A.D.2d 1009 (1978)

Parliament Funding and Leasing Corp., Respondent, v. Hilton-Zadek Optical Corp. et al., Appellants

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

March 13, 1978


Order affirmed, with $50 costs and disbursements.

Plaintiff-respondent leased property to the defendant-appellant Hilton-Zadek Optical Corp., and then assigned the lease to the European-American Bank. However, plaintiff agreed to be liable to the European-American Bank in the event that the lessee defaulted. When the lessee failed to pay rent due, plaintiff instituted this action to enforce the lease. Defendants moved to dismiss the complaint on the ground that plaintiff...

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