View all News

Litigation Group Obtains Summary Judgment on Payment Guaranty (March 4, 2019)

In March 2019, the Firm’s Litigation group successfully obtained summary judgment in lieu of complaint for one of its financial services clients in connection with non-payment of more than $350,000 on a payment guaranty.  Judge Sherwood of the Supreme Court of the State of New York, Commercial Division held that the payment guaranty was an instrument for the payment of money only pursuant to CPLR 3213 thereby warranting summary disposition.  The attorneys on the matter were Gerard Schiano-Strain and Jonathan M. Sabin.