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Citibank, N. A. v. Plapinger

Citations

  • 66 N.Y.2d 90
  • 485 N.E.2d 974
  • 495 N.Y.S.2d 309
  • 1985 N.Y. LEXIS 17178

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding that disclaimer in guarantee prohibited borrowers from asserting that the lender fraudulently induced the borrowers to sign the guarantee by oral promises to fund an additional multi-million-dollar line of credit
  • noting that the Second Circuit has “recognized Plapinger as the controlling expression of New York law” with regard to the issue of waivers in guaranties
  • holding that “absolute and unconditional” language in guaranty foreclosed fraudulent-inducement defense
  • finding that defendants’ guarantee, though not an explicit disclaimer, foreclosed their claim of reliance on plaintiffs alleged oral promise
  • distinguishing between a negotiated merger clause — which would preclude parol evi dence — and a standard form clause — which would not
  • informing defendants that they had a line of credit prior to their executing guarantee was a representation of present fact, not of future intent

Source: CourtListener parenthetical corpus (CC0).

Judges: Meyer

Read full opinion on CourtListener

Cited by

247 cases in this archive cite this case; the 20 most cited are listed.

Cites

13 cases in this archive are cited by this case.

Other cases named Citibank, N. A. v. Plapinger

1 other CourtListener record shares this case name.

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.