In September 1982, Mr. John Savino (plaintiff) commenced an action against Daniel Lewittes, Peter Rigos, Dennis Katz, Mark Anthony Cristini, David Lewittes, Carl Davis, Chi-Sound International, Ltd., and Carl Davis Productions, Inc., doing business as Chi-Sound Records (defendants) to recover $120,000, in the Supreme Court, New York County. The complaint alleges, in substance, as follows, (1) on May 6, 1982, plaintiff loaned defendants $100,000 for three months, (2) in exchange...
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