DOLITSKY'S DRY CLEANERS, INC. v. Y L JERICHO DRY CLEANERS, INC.


203 A.D.2d 322 (1994)

610 N.Y.S.2d 302

Dolitsky's Dry Cleaners, Inc., Respondent, v. Y L Jericho Dry Cleaners, Inc., et al., Appellants

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

April 11, 1994


Ordered that the order is affirmed, with costs.

In August 1989 the parties entered into an agreement for the purchase of the plaintiff's business. The defendant, Y L Jericho Dry Cleaners, Inc. (hereinafter Y L Jericho) delivered a series of promissory notes in which it promised to pay, commencing in September 1989, 120 monthly installments at $2,609.53 a month. The defendant Lee guaranteed payment of the notes.

After the defendant Y L Jericho failed to pay...

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