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NAT'L UNION FIRE INS. CO. OF PITTSBURGH v. MARANGI

214 A.D.2d 469 (1995)

625 N.Y.S.2d 535

National Union Fire Insurance Company of Pittsburgh, Pa., Respondent-Appellant, v. Carolyn Marangi, Also Known as Carolyn M. Passantino, Appellant-Respondent

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

April 25, 1995

This is an action to recover on a promissory note and on an indemnification and pledge agreement entered into by defendant in connection with her purchase of an interest in a real estate limited partnership. While the IAS Court correctly determined that, since defendant had failed to set forth triable issues with respect to her affirmative defense of fraud, it was unnecessary for plaintiff to attain holder in due course status to...

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