Traders Funding Corp. v. Son Kwon Kim

Full title: TRADERS FUNDING CORP., Appellant, v. SON KWON KIM et al., Respondents

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

Date published: Oct 29, 1996

232 A.D.2d 317 (N.Y. App. Div. 1996)

648 N.Y.S.2d 917

Opinion

October 29, 1996.

Order, Supreme Court, New York County (Edward Lehner, J.), entered August 28, 1995, which, insofar as appealed from, denied plaintiffs cross motion for summary judgment, unanimously affirmed, without costs.

Before: Rosenberger, J. P., Ellerin, Ross, Nardelli and Mazzarelli, JJ.

An issue of fact as to whether defendants, a corporate borrower and individual guarantors, transferred assets of the corporation to plaintiff in satisfaction of the debt sued upon is raised by the affidavit of the corporation's president.