New York’s General Obligations Law has been held to bar creditors from recovering upon a debt twice. This is commonly referred to as the Single Satisfaction Rule. Clearly, the someone was listening to the Rolling Stones. In a recent case I opposed a motion for Summary Judgment against a guarantor of a debt raising this […]
Have you ever wondered if you were tricked or duped into signing a guaranty or now feel surprised by some hidden terms you didn’t know about when you signed? Well, here is the standard in New York to determine if there was any deceptive or misleading conduct that may get you off the hook: Read more
New York’s General Obligations Law has been held to bar creditors from recovering upon a debt twice. This is commonly referred to as the Single Satisfaction Rule. Clearly, the someone was listening to the Rolling Stones. In a recent case I opposed a motion for Summary Judgment against a guarantor of a debt raising this issue of Single Satisfaction of a debt recovery. Here is a quick excerpt of my brief: Read more
What Does It Mean to be Deceptive or Misleading in a Guaranty?
/in NY Business Litigator Blog / NY Real Estate Litigator Blog /by Scott LaninHave you ever wondered if you were tricked or duped into signing a guaranty or now feel surprised by some hidden terms you didn’t know about when you signed? Well, here is the standard in New York to determine if there was any deceptive or misleading conduct that may get you off the hook:
Double Recovery and the Single Satisfaction Rule
/in NY Business Litigator Blog / NY Real Estate Litigator Blog /by Scott LaninNew York’s General Obligations Law has been held to bar creditors from recovering upon a debt twice. This is commonly referred to as the Single Satisfaction Rule. Clearly, the someone was listening to the Rolling Stones. In a recent case I opposed a motion for Summary Judgment against a guarantor of a debt raising this […]