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H. MUEHLSTEIN & CO., INC. v. STERNBERG

111 A.D.2d 635 (1985)

H. Muehlstein & Co., Inc., Appellant, v. Fred Sternberg, Respondent

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

June 11, 1985

On September 15, 1983 the defendant, principal in Jordan Plastics, Inc. (Jordan), executed a guarantee in favor of the plaintiff for the purpose of inducing the plaintiff to extend credit to Jordan for materials that were to be sold and delivered to Jordan. Defendant agreed to pay plaintiff "promptly on demand all such amounts which are not paid by Customer when due, together with all expenses of collection and reasonable counsel...

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