First-Filed Action to Recover on Guaranty Stayed in Favor of Later Action Related to the Guarantied Obligation

First-Filed Action to Recover on Guaranty Stayed in Favor of Later Action Related to the Guarantied Obligation

On February 8, 2022, the First Department issued a decision in E D & F Man Sugar Ltd. v. Gellert, 2022 NY Slip Op. 00813, staying a first-filed action to recover on a guaranty in favor of a later-filed action related to the guarantied obligation . . . Continue reading First-Filed Action to Recover on Guaranty Stayed in Favor of Later Action Related to the Guarantied Obligation