TRUSTCO BANK NEW YORK v. M.M.E. POWER ENTERS., INC.


223 A.D.2d 587 (1996)

636 N.Y.S.2d 831

Trustco Bank New York, Appellant, v. M.M.E. Power Enterprises, Inc., et al., Respondents, et al., Defendants

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

January 16, 1996


Ordered that the order is reversed, on the law, with costs, and the plaintiff's motion for summary judgment is granted.

The defendant M.M.E. Power Enterprises, Inc., borrowed money from the plaintiff's predecessor to build a housing development in Peekskill, New York. The loans were guaranteed by several of the individual defendants (hereinafter collectively the respondents). The loans were secured by two mortgages. One...

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