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

223 A.D.2d 395 (1996)

637 N.Y.S.2d 36

National Union Fire Insurance Company of Pittsburgh, Pa., Respondent, v. R. Richard Williams, Appellant National Union Fire Insurance Company of Pittsburgh, Pa., Respondent, v. Robert Christopher Associates et al., Appellants

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

January 16, 1996

Plaintiff National Union Fire Insurance provided a bond to Franklin Cimarron Pointe Associates, a failed real estate limited partnership, guarantying the payment of promissory notes given to its lender by defendant investors. On June 15, 1984, defendants signed indemnification agreements with plaintiff insurer, agreeing to repay plaintiff for any amount it might be required to pay under the bond. The promissory notes contemporaneously executed contain choice of law and selection...

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