Ancillary Clauses Do Not Make a Guaranty Not an Instrument for the Payment of Money Only
On April 28, 2025, Justice Cohen of the New York County Commercial Division issued a decision in PFNGT LLC v. Liquid Capital LLC, 2025 NY Slip Op. 31518(U), holding that ancillary clauses do not make a guaranty not an ‘instrument for the payment of money only . . . Continue reading Ancillary Clauses Do Not Make a Guaranty Not an Instrument for the Payment of Money Only