GENERAL ELECTRIC CAPITAL CORPORATION v. HIGHGATE MANOR GROUP, LLC

505838

69 A.D.3d 992 (2010)

893 N.Y.S.2d 321

2010 NY Slip Op 30

GENERAL ELECTRIC CAPITAL CORPORATION, Respondent, v. HIGHGATE MANOR GROUP, LLC, et al., Appellants, et al., Defendants.

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

Decided January 7, 2010.


Rose, J.

After defaulting on loans that were secured by a mortgage upon four properties where they operated nursing homes, defendant Highgate Manor Group, LLC and two of its affiliates (hereinafter collectively referred to as Highgate) entered into a forbearance agreement with plaintiff that acknowledged past defaults and provided that Highgate and certain individuals would act as guarantors of past and future indebtedness. Those guarantors included defendants Dianna...

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