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Citibank v. Hoffman

Appellate Division of the Supreme Court of New York, First Department
Nov 6, 1997
244 A.D.2d 151 (N.Y. App. Div. 1997)

Opinion

November 6, 1997

Appeal from the Supreme Court, New York County (Carol Huff, J.).


Summary judgment was properly granted on the ground that the Specific Release executed by plaintiff, pursuant to a stipulation of settlement wherein defendant Derrico and others agreed to pay plaintiff $35,000 to be applied to defendants' principal indebtedness, expressly reserved plaintiff's rights as against defendant Hoffman, who irrespective of his status as a partner, was jointly and severally liable in his separate capacity as a comaker of the note (see, North Fork Bank Trust Co. v. Thomason Indus. Corp., 194 A.D.2d 772, 774).

Concur — Murphy, P. J., Rosenberger, Ellerin, Rubin and Tom, JJ.


Summaries of

Citibank v. Hoffman

Appellate Division of the Supreme Court of New York, First Department
Nov 6, 1997
244 A.D.2d 151 (N.Y. App. Div. 1997)
Case details for

Citibank v. Hoffman

Case Details

Full title:CITIBANK, N. A., Respondent, v. G. RONALD HOFFMAN et al., Appellants

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Nov 6, 1997

Citations

244 A.D.2d 151 (N.Y. App. Div. 1997)
663 N.Y.S.2d 571