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CHENG v. YOUNG

60 A.D.3d 989 (2009)

___ N.Y.S.2d ___

SHOW LAIN CHENG, Also Known as SHOW LAIN CHUU, Appellant, v. ALAN H. YOUNG et al., Respondents.

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

Decided March 31, 2009.

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

The plaintiff, her ex-husband Ko-Cheng Cheng, and the defendants, Alan H. Young and Nicholas Guzzone, were each 25% shareholders in a corporation that owned a parcel of land encumbered by a mortgage. In 1986, Ko-Cheng Cheng, Young, and Guzzone executed a guaranty agreement in favor of the mortgagee in which they each guaranteed payment of the amounts...

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