Defendant Palm Management Associates Limited Partnership, having been loaned $400,000 by defendant Citibank, N. A., executed and delivered a promissory note in that amount to Citibank. Palm Management's general partner, defendant-appellant Burton Handelsman, and two of its limited partners, defendant Richard Segal and plaintiff, each guaranteed one-third of the note. On July 11, 1997, Citibank sought payment under the note and since Palm Management did not have sufficient...
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