MERCHS. BANK OF NEW YORK v. ABRAHAM FRIEDMAN CO.


206 A.D.2d 333 (1994)

615 N.Y.S.2d 271

Merchants Bank of New York, Respondent, v. Abraham Friedman Co. et al., Appellants, et al., Defendants

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

July 28, 1994


The IAS Court properly determined that General Obligations Law § 15-301 (1) precludes oral modification of this integrated contract (see, Bank Leumi Trust Co. v D'Evori Intl., 163 A.D.2d 26, 30). In addition, the defendants have presented no evidence to support their bare assertions that the sale of the collateral was improper. Summary judgment was therefore warranted.

We have considered the defendants' additional...

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