CITY NATIONAL BANK v. MORELLI RATNER, P.C.

15332, 158388/14

129 A.D.3d 425 (2015)

9 N.Y.S.3d 579

2015 NY Slip Op 04721

CITY NATIONAL BANK, Appellant, v. MORELLI RATNER, P.C., et al., Respondents.

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

Decided June 4, 2015.


Plaintiff's motion pursuant to CPLR 3213 was properly denied in this action where plaintiff seeks payment due under a note, letter of credit and guaranty. The record presents triable issues of fact as to whether the parties had entered into an oral agreement to modify the loan documents, and whether defendants' payment of $250,000 constituted partial performance of the purported oral agreement and was "unequivocally referable to the modification," rather than to the note...

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