FRIEDMAN v. HYPERION ASSOCS.


157 A.D.2d 963 (1990)

Rachel L. Friedman et al., as Trustees of a Trust Created by Arthur O. Friedman, Respondents, v. Hyperion Associates et al., Defendants, and Katherine Werner, Appellant

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

January 18, 1990


Yesawich, Jr., J.

On June 1, 1982, defendant Hyperion Associates executed a $50,000 promissory note, with interest due annually, to Arthur O. Friedman. The note was due, and payable in full, on June 1, 1987. Defendants Katherine Werner, Robert S. Warshaw and Sandra Miller personally guaranteed payment of the note. After Friedman died on August 31, 1983, one of the executors of his estate assigned the note to plaintiffs. On June 1, 1987 the note matured...

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