Baek Sun Lee's contention that this action is barred by the applicable six-year Statute of Limitations was properly rejected. The limitations period on a guaranty does not commence until the principal, here D & J Export & Import Corp. (D & J), is in default (Bayside Fuel Oil Depot Corp. v Savino Oil & Heating Co.,
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SEOULBANK, NEW YORK AGENCY v. D & J EXPORT & IMPORT CORP.
270 A.D.2d 193 (2000)
707 N.Y.S.2d 12
SEOULBANK, NEW YORK AGENCY, Respondent, v. D & J EXPORT & IMPORT CORP. et al., Defendants, and BAEK SUN LEE, Appellant.
Appellate Division of the Supreme Court of the State of New York, First Department.https://leagle.com/images/logo.png
Decided March 30, 2000.
Decided March 30, 2000.
Appellate Division of the Supreme Court of the State of New York, First Department.
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