INDUS. EQUIP. CREDIT CORP. v. GREEN


62 N.Y.2d 903 (1984)

Industrial Equipment Credit Corporation, Respondent, v. Bernard Green et al., Appellants.

Court of Appeals of the State of New York.

Decided June 12, 1984.


Attorney(s) appearing for the Case

J. Irwin Shapiro, Joseph A. Suozzi, Kenneth L. Gartner and Daniel M. Kolko for appellants.

Hal B. Patterson and Sylvain R. Jakabovics for respondent.

Chief Judge COOKE and Judges JASEN, JONES, WACHTLER, SIMONS and KAYE concur; Judge MEYER taking no part.


MEMORANDUM.

The judgment appealed from and order of the Appellate Division brought up for review should be affirmed, with costs.

Defendants are guarantors on a note given to plaintiff's predecessor to secure an equipment lease for the acquisition of theatre equipment. The lease was for the term of 60 months and required an advance payment of $3,366 and monthly payments of $967.73. Defendants guaranteed due payment...

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