Rhodia, Inc. v. Steel

32 A.D.2d 753, 300 N.Y.S.2d 1005, 1969 N.Y. App. Div. LEXIS 3774
CourtAppellate Division of the Supreme Court of the State of New York
DecidedJune 10, 1969
StatusPublished
Cited by16 cases

This text of 32 A.D.2d 753 (Rhodia, Inc. v. Steel) 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.

Bluebook
Rhodia, Inc. v. Steel, 32 A.D.2d 753, 300 N.Y.S.2d 1005, 1969 N.Y. App. Div. LEXIS 3774 (N.Y. Ct. App. 1969).

Opinion

Order entered December 11, 1968, unanimously reversed on the law, with $50 costs and disbiusements to the appellant, and the motion for summary judgment in the sum of $15,817.30 plus interest is granted; The unconditional guarantee is an instrument for the payment of money only within the meaning of CPLR 3213. (Seaman-Andwall Corp. v. Wright Mach. Corp., 31 A D 2d 136.) The defenses sought to be asserted are insufficient as a matter of law. The defense of economic duress is without factual .basis. The defense based on defects in the merchandise sold to the principal debtor is not available to the respondent-guarantor. (Elliott v. Brady, 192 N. Y. 221.) The documentary evidence establishes the amount of defendant’s indebtedness, as well as defendant-respondent’s liability therefor. Settle order on notice. Concur—Eager, J. P., Capozzoli, McGivern, McNally and Steuer, JJ.

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Bluebook (online)
32 A.D.2d 753, 300 N.Y.S.2d 1005, 1969 N.Y. App. Div. LEXIS 3774, Counsel Stack Legal Research, https://law.counselstack.com/opinion/rhodia-inc-v-steel-nyappdiv-1969.