Appellate Division of the Supreme Court of the State of New York, First Department.
In this action to recover $506,320 the balance due on a $520,000 loan evidenced by a promissory note and on a written guarantee thereof, together with interest and attorney's fees, defendants acknowledge that plaintiff's assignor loaned $520,000 to defendant Nattin. Defendants contend, however, that the loan is not yet due and owing and the guarantee not yet effective, by reason of breach by plaintiff's assignor of an alleged oral commitment made on March 4, 1974 in which...
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