CRONIN v. SCOTT


78 A.D.2d 745 (1980)

Robert W. Cronin et al., Respondents, v. Charles E. Scott et al., Defendants, and J. Phillip Zand, Appellant

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

October 23, 1980


Plaintiffs' amended complaint sets forth numerous causes of action against various parties to recover losses they allegedly sustained in a business transaction. Briefly stated, it is maintained that they were fraudulently induced to post a certificate of deposit as collateral security for a corporate loan and that, following a default, they were wrongfully impeded in their efforts to obtain reimbursement from individual guarantors. This appeal is solely concerned with the...

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