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MAIDMAN FAMILY PARKING, LP v. WALLACE INDUSTRIES, INC.

522687.

145 A.D.3d 1165 (2016)

2016 NY Slip Op 08148

42 N.Y.S.3d 476

MAIDMAN FAMILY PARKING, LP, Respondent, v. WALLACE INDUSTRIES, INC., et al., Appellants.

Appellate Division of the Supreme Court of New York, Third Department.

Decided December 1, 2016.

Defendants Combustion Products Management, Inc., CPM Virginia, LLC, CPM Pennsylvania LLC and CPM Golf, LLC borrowed $155,186.46 from plaintiff and, in 2004, defendant Neil Wallace signed a promissory note for that amount in his capacity as president or sole member of those entities. Defendant Wallace Industries, Inc. simultaneously borrowed...

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