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WALD v. MARINE MIDLAND BUSINESS LOANS, INC.

270 A.D.2d 73 (2000)

704 N.Y.S.2d 564

BERNARD J. WALD, Appellant, v. MARINE MIDLAND BUSINESS LOANS, INC., Respondent.

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

Decided March 14, 2000.

This litigation arises out of the default by the limited partners of New Castle Associates, a New York limited partnership, on notes collateralizing a loan extended by Ingersoll-Rand Financial Corporation and the subsequent liquidation of Integrity Insurance Company, which had guaranteed payment of the notes, by the State of New Jersey. These defaults precipitated two lawsuits against Herzfeld & Rubin, P. C., the law firm that...

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