ISRAEL DISC. BANK OF NEW YORK v. 500 FIFTH AVE. ASSOCS.


174 A.D.2d 491 (1991)

Israel Discount Bank of New York, Respondent, v. 500 Fifth Avenue Associates, Defendant, Israel Green, Respondent, and Jerry Williams et al., Appellants

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

June 20, 1991


Codefendants Green, Williams and Brown executed separate guarantees of 500 Fifth Avenue Associates' December 1, 1988, 5 million dollar promissory note in favor of plaintiff. Plaintiff obtained summary judgment in lieu of complaint against the primary obligor and the three guarantors. Pending defendants Williams' and Brown's prior appeal to this Court, it was stipulated plaintiff would not enter judgment against them in return for...

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