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NEWCOURT SMALL BUSINESS LENDING CORPORATION v. GRILLERS CASUAL DINING GROUP INC.

284 A.D.2d 681 (2001)

727 N.Y.S.2d 699

NEWCOURT SMALL BUSINESS LENDING CORPORATION, Respondent, v. GRILLERS CASUAL DINING GROUP, INC., et al., Appellants.

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

Decided June 14, 2001.

Mugglin, J.

In 1996, defendant Grillers Casual Dining Group, Inc., through the services of Greenbush Associates, Inc., a commercial financial adviser, requested AT&T Small Business Lending Corporation, plaintiff's predecessor, to obtain financing for a proposed chain of restaurants to be located in upstate New York. Grillers' plan was to duplicate its successful Canadian chain of restaurants by building several restaurants...

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