NANUET NAT'L BANK v. ROM


96 A.D.2d 898 (1983)

Nanuet National Bank, Appellant, v. Kurt O. Rom et al., Respondents

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

August 22, 1983


Order reversed, on the law, with costs, and motion for summary judgment granted.

On June 24, 1980, defendant signed a "Continuing General Guaranty" in order to secure a loan to defendants' corporation from the plaintiff bank. The guarantee stated that it could not be terminated without written notice to plaintiff. After the loan was repaid in full, defendants' corporation applied for a new loan. Defendants allege that prior to issuing the new loan, plaintiff requested...

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