Greenberg Traurig New York Litigation Practice Shareholder Steven Sinatra. Courtesy photo 'Proofreading Is Essential': Justice Reminds Parties While Granting Summary Judgment in Loan Default Case
"This appeal concerns a purported $44 million scrivener's error," Associate Justice Jeffrey Oing of the Appellate Division, First Department wrote in the decision. "It also is a reminder that proofreading is an essential, indispensable tool in the drafting of contracts."
March 12, 2024 at 04:48 PM
3 minute read
A typo in a "Bad Boy Guaranty" is not a defense against liability, a New York state appeals court noted in reversing a lower court decision and awarding summary judgment to the plaintiff in long-running litigation over a defaulted $135 million construction loan.
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