From Casetext: Smarter Legal Research

Puntillo Associates v. Land

Appellate Division of the Supreme Court of New York, Second Department
Dec 4, 1995
222 A.D.2d 425 (N.Y. App. Div. 1995)

Summary

granting summary judgment on liability based on "unconditional terms" of a personal guaranty, but remanding for trial to determine meaning of acceleration of rent and mitigation of damages clauses

Summary of this case from LB 57th Street v. E.M. Blanchard, Inc.

Opinion

December 4, 1995

Appeal from the Supreme Court, Nassau County (DiNoto, J.).


Ordered that the order is modified by deleting therefrom the provision which denied the branch of the plaintiff's motion which was for summary judgment on the issue of liability, and sustituting therefor a provision granting that branch of the motion; as so modified, the order is affirmed, without costs or disbursements, and the matter is remitted to the Supreme Court, Nassau County, for an inquest to determine the appropriate measure and amount of damages.

The defendant failed to submit any proof that the unconditional terms of the personal guarantee signed by him or the underlying lease agreement are unconscionable and against public policy. Thus, his defense to individual liability based on the guarantee is without merit. However, the defendant contends that there is a question as to the amount of damages and the appropriate measure to be used to determine damages. We find that the lease agreement, which provides for both acceleration of the rent and mitigation of damages, requires testimony to determine the meaning of these clauses.

We have reviewed the appellant's remaining contentions and find them to be without merit. Mangano, P.J., Balletta, Copertino and Hart, JJ., concur.


Summaries of

Puntillo Associates v. Land

Appellate Division of the Supreme Court of New York, Second Department
Dec 4, 1995
222 A.D.2d 425 (N.Y. App. Div. 1995)

granting summary judgment on liability based on "unconditional terms" of a personal guaranty, but remanding for trial to determine meaning of acceleration of rent and mitigation of damages clauses

Summary of this case from LB 57th Street v. E.M. Blanchard, Inc.
Case details for

Puntillo Associates v. Land

Case Details

Full title:PUNTILLO ASSOCIATES, Appellant, v. BRADY K. LAND, Respondent

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

Date published: Dec 4, 1995

Citations

222 A.D.2d 425 (N.Y. App. Div. 1995)
634 N.Y.S.2d 546

Citing Cases

Ushcp Real Estate Dev., Inc. v. Mitrano

22 less than the amount warranted by defendant, as alleged in the complaint. It is unclear from the record…

LB 57th Street v. E.M. Blanchard, Inc.

But he asserts that the effect of that transaction is to reduce the amount of the debt that Blanchard…