FLEET NATIONAL BANK v. LAQUIDARA, INC.


290 A.D.2d 930 (2002)

736 N.Y.S.2d 813

FLEET NATIONAL BANK, Formerly Known as NORSTAR BANK OF UPSTATE NY, Formerly Known as MOHAWK NATIONAL BANK, Respondent, v. LAQUIDARA, INC., et al., Appellants, et al., Defendants.

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

Decided January 31, 2002.


Carpinello, J.

In February 1983, defendants Laquidara Construction, Inc., Aline H. Laquidara and Peter V. Laquidara (hereinafter collectively referred to as the guarantors), among others not relevant here, executed absolute, unconditional and continuing guaranties of payment of all present and future debts owed or to be owed by defendant Laquidara, Inc. to plaintiff's predecessor in interest. In December 1985, in connection with a $500,000 industrial development agency...

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