FINANCIAL SERVS. VEH. TRUST v. SAAD

2011-09198.

98 A.D.3d 1077 (2012)

951 N.Y.S.2d 216

2012 NY Slip Op 6278

FINANCIAL SERVICES VEHICLE TRUST et al., Respondents, v. ANDRE H. SAAD, Appellant. (And a Third-Party Action.)

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

September 26, 2012.


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

On December 20, 2000, the defendant leased a vehicle from Rallye Motors, which, in turn, assigned the lease to the plaintiff Financial Services Vehicle Trust (hereinafter FSVT). Paragraph 33 of the lease contained an indemnification provision requiring the defendant, as the lessee, to reimburse the lessor, FSVT, for, inter alia, any monetary loss, liability, or expenses caused by the operation...

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