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BANK OF EAST ASIA, LTD. v. SMITH

201 A.D.2d 522 (1994)

607 N.Y.S.2d 431

Bank of East Asia, Ltd., Respondent, v. Leonard J. Smith et al., Appellants, et al., Defendants

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

February 14, 1994

Ordered that the orders are affirmed, with one bill of costs.

In 1989, the plaintiff loaned $202,000 to the defendants. The defendant Leonard Jay Smith, individually and as attorney in fact for the defendant Marilyn Smith, executed a mortgage note on real property to secure the loan. The purpose of the loan was to provide a line of credit and working capital for Plump, Smith and Seltzer, P. C., the law firm of which Leonard Jay Smith was a member. The firm and the...

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