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FINKELSTEIN v. IABM BAKERY SYS., INC.

91 A.D.2d 922 (1983)

Alexander Finkelstein, Respondent, v. Iabm Bakery Systems, Inc., et al., Appellants

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

January 13, 1983

Defendant IABM Bakery Systems, Inc. (IABM), a New York corporation, is engaged in the business of purchasing and selling bakery equipment and ovens. Defendants Leon Angel and Alvin Mintz, are principals of IABM and Angel is its president. On September 18, 1978, Mintz and Angel each executed an "Unlimited Guaranty" in favor of Bank Hapoalim, "irrevocably and unconditionally guarant[eeing] to the bank, payment when due, whether by acceleration or otherwise, of any and all liabilities...

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