Valley Nat'l Bank v. INI Holding, LLC

• Decision Date: 15 May 2012
• Citation: 945 N.Y.S.2d 97,95 A.D.3d 1108,2012 N.Y. Slip Op. 03830
• Parties: VALLEY NATIONAL BANK, respondent, v. INI HOLDING, LLC, et al., appellants.
• Court: New York Supreme Court — Appellate Division

95 A.D.3d 1108

945 N.Y.S.2d 97

2012 N.Y. Slip Op. 03830

VALLEY NATIONAL BANK, respondent,

v.INI HOLDING, LLC, et al., appellants.

Supreme Court, Appellate Division, Second Department, New York.

May 15, 2012.

Boris Kogan, New York, N.Y. (Michael J. Greenberger of counsel), for appellants.

Cullen and Dykman LLP, Garden City, N.Y. (Timothy J. Flanagan and Elizabeth Usinger of counsel), for respondent.

REINALDO E. RIVERA, J.P., CHERYL E. CHAMBERS, SHERI S. ROMAN, and ROBERT J. MILLER, JJ.

In an action to recover on a revolving line of credit agreement and guaranty, the defendants appeal, as limited by their brief, from so much of an order of the Supreme Court, Kings County (Solomon, J.), dated October 5, 2011, as granted that branch of the plaintiff's motion which was for summary judgment on so much of the complaint as sought to recover the outstanding principal balance of $77,777.78.

ORDERED that the order is affirmed insofar as appealed from, with costs.

Although multiple summary judgment motions in the same action should be discouraged in the absence of a showing of newly discovered evidence or other sufficient cause, a subsequent summary judgment motion may be properly entertained when it is substantively valid and when the granting of the motion will further the ends of justice while eliminating an unnecessary burden on the resources of the courts ( see Landmark Capital Invs., Inc. v. Li–Shan Wang, 94 A.D.3d 418, 941 N.Y.S.2d 144, 144 [1st Dept 2012]; Town of Angelica v. Smith, 89 A.D.3d 1547, 1549, 933 N.Y.S.2d 480;Miles A. Kletter, D.M.D. & Andrew S. Levine, D.D.S., P.C. v. Fleming, 32 A.D.3d 566, 567, 820 N.Y.S.2d 348;Rose v. Horton Med. Ctr., 29 A.D.3d 977, 978, 816 N.Y.S.2d 174;Varsity Tr. v. Board of Educ. of City of N.Y., 300 A.D.2d 38, 39, 752 N.Y.S.2d 603;Mount Vernon Fire Ins. Co. v. Timm, 237 A.D.2d 586, 587, 655 N.Y.S.2d 611;Detko v. McDonald's Rests. of N.Y., 198 A.D.2d 208, 209, 603 N.Y.S.2d 496). Contrary to the defendants' contention, under the circumstances present here, the Supreme Court providently exercised its discretion in entertaining the plaintiff's motion for summary judgment.

The plaintiff made a prima facie showing of its entitlement to judgment as a matter of law against the defendants by submitting proof of the underlying credit agreement, the individual defendant's personal guaranty of the corporate defendant's obligations under the credit agreement, and the corporate defendant's failure to pay the...