The IAS Court properly held that under the express terms of the Guaranty, defendant was precluded from raising the defense of fraudulent inducement. The Guaranty Agreement states, inter alia, that defendant's obligation is "absolute and unconditional" and that the Guaranty shall remain in "full force and effect without regard to any waiver * * * to any investigation, analysis or evaluation by the [plaintiffs] * * * of the assets, business, operations, properties or...
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