X.L.O. Concrete Corp. v. O'Connor
Opinion of the Court
— Judgment of Supreme Court, New York County (Beverly S. Cohen, J.), entered June 20, 1991, in favor of plaintiff in the amount of $815,682.70, upon plaintiff’s motion for summary judgment in lieu of complaint, unanimously affirmed, with costs.
Plaintiff brought a motion for summary judgment in lieu of complaint on the basis of nineteen (19) separate promissory notes executed by defendants between September 18, 1985 and October 31, 1986. The notes are unconditional and payable upon demand at a rate of 1% above the prime rate. Plaintiff established a prima facie right to recovery upon proof of the notes and the defendants’ failure to make payment thereon
We have considered the defendants’ remaining argument and find it to be without merit. Concur — Sullivan, J. P., Rosenberger, Ross, Smith and Rubin, JJ.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.