Kahan v. Sulaymanov
This text of 229 A.D.2d 1027 (Kahan v. Sulaymanov) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
—Order unanimously affirmed with costs. Memorandum: Supreme Court properly denied plaintiffs motion for summary judgment against defendant Vyachslav Sulaymanov. Sulaymanov presented evidence that plaintiff took the note with actual knowledge of a defense to the note, raising a triable issue whether plaintiff is a holder in due course (see, Fazio v Loweth, 112 AD2d 135, 137; UCC 3-302 [1] [c]). Even if plaintiff is a holder in due course, summary judgment was properly denied. Sulaymanov’s allegations of fraud in the inducement and misrepresentation, defenses that may be raised against a holder in due course (see, Pioneer Credit Corp. v Bon Bon Cleaners Corp., 38 AD2d 743; UCC 3-305 [2] [c]), raise a triable issue of fact.
The court did not abuse its discretion in denying plaintiff a default judgment against defendant Jacob Moskowitz and granting his motion to serve a late answer. Moskowitz provided a reasonable excuse for the delay and demonstrated that he has a meritorious defense (see, CPLR 3012 [d]; cf., Genen v McElroy, 213 AD2d 511). (Appeal from Order of Supreme Court, Kings County, Vinik, J.—Summary Judgment.) Present— Green, J. P., Lawton, Wesley, Doerr and Boehm, JJ.
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Cite This Page — Counsel Stack
229 A.D.2d 1027, 645 N.Y.S.2d 358, 1996 N.Y. App. Div. LEXIS 9147, Counsel Stack Legal Research, https://law.counselstack.com/opinion/kahan-v-sulaymanov-nyappdiv-1996.