Tag Archives: standby creditor agreement

Webster Bank, N.A. v. Dibello Batista, Index No. 450520/14, 1/13/15 (Ramos, J.)

Contract; standby creditor agreement; notice; condition precedent. By Caroline Faughnan | Staff Writer Defendants were shareholders of a corporation. Plaintiff bank financed the purchase of defendant’s shares from borrowers. This stock purchase agreement (“SPA”) was contingent upon the execution of … Continue reading

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