1. Home
  2. Browse Decisions
  3. A.D.3d
  4. 134 A.D.3d
  5. 134 A.D.3d 471 (2015)
 

CAPSTONE BUSINESS FUNDING, LLC v. OPTIMUM CONSTRUCTION, INC.

16344, 652991/13, 95057/14.

134 A.D.3d 471 (2015)

19 N.Y.S.3d 888

2015 NY Slip Op 08969

CAPSTONE BUSINESS FUNDING, LLC, Individually and as Assignee of Barden Contracting Services, LLC, Respondent, v. OPTIMUM CONSTRUCTION, INC., Defendant, and RLI INSURANCE COMPANY, Appellant. (And a Third-Party Action.)

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

Decided December 8, 2015.

The motion court correctly found defendant surety bound by the estoppel certificate signed by its principal, as plaintiff detrimentally relied on the certificate in advancing funds to the subcontractor for whose benefit the surety's payment bond was required (see JRK Franklin, LLC v 164 E. 87th St. LLC, 27 A.D.3d 392, 393 [1st Dept 2006], lv denied 7 N.Y.3d 705 [2006]), there was...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases