Plaintiff Philippe-Guy E. Woog, a Swiss domiciliary, brought this action in August 1988 to secure the return of collateral delivered to defendant Fidelity Bank, National Association, a Pennsylvania entity, pursuant to a written guarantee by plaintiff of a $750,000 loan made by the bank.
Plaintiff executed the guarantee on March 27, 1987, and pledged as collateral his cooperative shares of an apartment on Fifth Avenue in exchange for defendant's extension of a $750...
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