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· 6/5/1942

Garelick v. Giles

Citations

  • 264 A.D. 233
  • 35 N.Y.S.2d 225
  • 1942 N.Y. App. Div. LEXIS 4119

How courts have described this case

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

  • holding that it is not necessarily inconsistent with the role of a guarantor to assume liability even in excess of the principal
  • holding that it is not necessarily inconsistent with the role of a guarantor to assume liability even in excess of the principal
  • surety contracts are separate and distinct from the contracts with which the surety’s guarantee may be associated, and different limitations periods apply
  • “Since defendant guaranteed performance of the terms and conditions of the agreement, which in this respect required payment by means of trade acceptances, the guarantee must be interpreted as including payment according to and as provided in the agreement.”

Source: CourtListener parenthetical corpus (CC0).

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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.