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ORIX CREDIT ALLIANCE, INC. v. GRACE INDUS., INC.

231 A.D.2d 502 (1996)

647 N.Y.S.2d 522

Orix Credit Alliance, Inc., Respondent, v. Grace Industries, Inc., et al., Appellants

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

September 9, 1996

Ordered that the order is reversed, on the law and the facts, with costs, the motion is granted, and the judgment is vacated.

On a prior appeal in this action, this Court determined that the plaintiff was entitled to an award of summary judgment on its first cause of action to recover the accelerated balance of a note from the defendant Grace Industries, Inc. (hereinafter Grace) (see, Orix Credit Alliance v Grace...

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