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FEDERAL DEPOSIT INSURANCE CORPORATION v. ROBIN CONSTRUCTION CORPORATION

2 A.D.3d 395 (2003)

767 N.Y.S.2d 866

FEDERAL DEPOSIT INSURANCE CORPORATION, Plaintiff, v. ROBIN CONSTRUCTION CORPORATION, Defendant, and TED KANTOR et al., Respondents. NATIONAL COLLECTORS & LIQUIDATORS, LP, Nonparty Appellant.

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

December 1, 2003.

Ordered that the order is affirmed insofar as appealed from, with costs.

The defendant Robin Construction Corporation (hereinafter Robin Construction) issued a mortgage and note to secure a construction loan from the Community National Bank and Trust Company of New York (hereinafter Community Bank). The defendants Ted Kantor and Issac Kantor each personally guaranteed the obligation to Community Bank. After Robin Construction defaulted on the loan, the plaintiff Federal...

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