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MELROSE CREDIT UNION v. ITSKOVICH

2019-12607. Index No. 705106/18.

208 A.D.3d 472 (2022)

172 N.Y.S.3d 705

2022 NY Slip Op 04799

Melrose Credit Union, Respondent, v. Ruvin Itskovich et al., Appellants.

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

Decided August 3, 2022.

Attorney(s) appearing for the Case

Fox Rothschild LLP, New York, NY ( Brett A. Berman of counsel), for appellants.

Jaspan Schlesinger LLP, Garden City, NY ( Victoria A. Gionesi , of counsel), for respondent.

Dillon, J.P., Roman, Maltese and Dowling, JJ., concur.

Ordered that the order is affirmed, with costs.

On December 18, 2014, the defendant Ruvin Itskovich entered into seven loan agreements on behalf of the corporate defendants. Itskovich executed seven promissory balloon notes in favor of the plaintiff—six of them in the sum of $531,300 and one in the sum of $781,500, which were secured by taxi medallions owned by the corporate defendants. The notes were payable in...

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