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  5. 198 A.D.2d 638 (1993)
 

VOR ASSOCS. v. ONTARIO AIRCRAFT SALES & LEASING, INC.

198 A.D.2d 638 (1993)

603 N.Y.S.2d 601

VOR Associates, Appellant, v. Ontario Aircraft Sales and Leasing, Inc., Respondent

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

November 10, 1993

White, J.

This action arises out of a guaranty agreement wherein defendant agreed to guarantee the performance of its wholly owned subsidiary HLS Karlsonne Corporation, which had entered into a lease/purchase agreement with plaintiff for an airplane. Under the terms of the agreement, the parties "irrevocably" designated any New York or Federal court sitting in Albany as the forum for any action arising out of the agreement.

Plaintiff also brought...

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