Capital Circulation Corp. v. Gallop Leasing Corp.

Decision Date23 March 1998
Citation248 A.D.2d 578,669 N.Y.S.2d 913
Parties1998 N.Y. Slip Op. 2711 CAPITAL CIRCULATION CORP., Appellant, v. GALLOP LEASING CORP., et al., Respondents, et al., Defendants.
CourtNew York Supreme Court — Appellate Division

Trop and Spindler, Jamaica Hills (Gale Spindler, of counsel), for appellant.

In an action to recover on a promissory note and guaranty, the plaintiff appeals from an order of the Supreme Court, Queens County (Satterfield, J.), dated January 22, 1997, which denied its motion for summary judgment against the defendants Gallop Leasing Corp. and Ron Tse.

ORDERED that the order is reversed, on the law, with costs, and the motion is granted.

The plaintiff established a prima facie case by proving the existence and genuineness of the promissory note and guaranty at issue and the respondents' failure to make payment thereunder. The burden then shifted to the respondents to establish by admissible evidence the existence of a triable issue of fact or a meritorious defense. However, the respondents' assertions, including a claimed lack of consideration, were merely unsupported conclusory allegations which were insufficient to defeat the plaintiff's motion (see, J.A. Grammas Assocs. Architectural & Eng'g Servs. v. Ehrlich, 229 A.D.2d 517, 645 N.Y.S.2d 543; Bennell Hanover Assocs. v. Neilson, 215 A.D.2d 710, 627 N.Y.S.2d 439).

O'BRIEN, J.P., and RITTER, THOMPSON, FRIEDMANN and GOLDSTEIN, JJ., concur.

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6 cases
  • AXA Inv. Managers UK Ltd. v. Endeavor Capital Mgmt. LLC
    • United States
    • U.S. District Court — Southern District of New York
    • 24 Agosto 2012
    ...A.D.2d 351, 351, 691 N.Y.S.2d 567, 567–68 (2d Dep't 1999) (citing N.Y. C.P.L.R. § 3213; Capital Circulation Corp. v. Gallop Leasing Corp., 248 A.D.2d 578, 578, 669 N.Y.S.2d 913, 913 (2d Dep't 1998)) (“The plaintiffs sustained their initial burden ... by submitting proof of the existence of ......
  • E.D.S. Sec. Systems, Inc. v. Allyn
    • United States
    • New York Supreme Court — Appellate Division
    • 7 Junio 1999
    ...note, a guarantee, and the failure to make payment in accordance with their terms (see, CPLR 3213; Capital Circulation Corp. v. Gallop Leasing Corp., 248 A.D.2d 578, 669 N.Y.S.2d 913). It was then incumbent upon the defendant to demonstrate, by admissible evidence, the existence of a triabl......
  • Cannistra v. McCullough, Goldberger & Staudt
    • United States
    • New York Supreme Court — Appellate Division
    • 23 Marzo 1998
  • Physician's Domain Inc. v. Grosso
    • United States
    • New York Supreme Court — Appellate Division
    • 19 Noviembre 2001
    ...and the failure to make payment in accordance with their terms (see, E.D.S. Sec. Sys. v. Allyn, 262 A.D.2d 351; Capital Circulation Corp. v. Gallop Leasing Corp., 248 A.D.2d 578). In opposition, the appellants failed to raise a triable issue of fact (see, Columbus Trust Co. v. Campolo, 110 ......
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