The court properly granted plaintiff summary judgment in this action brought to recover, inter alia, on defendant-appellant's personal guaranty. Defendant signed the note and letter agreement in 1989 as an officer of the corporate defendant and as guarantor. Since there is a concession that there is no good faith defense to the debt on the part of the corporation, defendant's bare allegations of deceit are insufficient to defeat
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BANK OF OMAN OVERSEAS (USA), INC. v. ROYAL SILK, LTD.
187 A.D.2d 358 (1992)
Bank of Oman Overseas (USA), Inc., Respondent, v. Royal Silk, Ltd., Doing Business as Royal Silk New York, Inc., Defendant, and Prakash Melwani, Appellant
Appellate Division of the Supreme Court of the State of New York, First Department.https://leagle.com/images/logo.png
November 17, 1992
November 17, 1992
Appellate Division of the Supreme Court of the State of New York, First Department.
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