NIKEZIC v. BALAZ


184 A.D.2d 684 (1992)

Isuf Nikezic, Appellant, v. Albert V. Balaz et al., Respondents

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

June 22, 1992


Ordered that the order is affirmed, with costs.

On 12 separate occasions between December 24, 1984, and June 11, 1985, the plaintiff made loans in varying amounts, totalling $150,000, to the defendants. The loans, which were strictly for the business purposes of the corporate defendant, were evidenced by a series of promissory notes. The monthly repayment terms of each note were stated on its face.

In April 1990 the plaintiff served a summons and notice of...

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