VAL-FORD REALTY CORP. v. J.Z.'S TOY WORLD, INC.


231 A.D.2d 434 (1996)

647 N.Y.S.2d 488

Val-Ford Realty Corp., Appellant, v. J.Z.'s Toy World, Inc., et al., Respondents

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

September 17, 1996


Plaintiff seeks to recover rent due under a written lease executed by the corporate defendant and guaranteed by the individual defendant. Defendants admit executing these documents, but assert that their purpose was to defraud plaintiff's construction lender into advancing additional funds and were never intended by the parties to be enforceable, and that the parties are not strangers in that, among other things, the individual defendant is one of the plaintiff corporation...

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