Crotona 1967 Corp. v. Vidu Bros.
Plaintiff Crotona 1967 Corporation sought summary judgment to enforce a promissory note against Vidu Brother Corp. and a personal guaranty against Harshad Patel. Defendants argued fraudulent inducement regarding the real estate transaction and the temporary nature of Patel's guaranty. The court granted summary judgment against Vidu Brother Corp., finding their fraudulent inducement defense invalid due to a lack of reasonable reliance and specific contractual clauses. However, a genuine issue of material fact regarding the intended temporary duration of Patel's personal guaranty precluded summary judgment against him. The court denied attorney's fees without a hearing on reasonableness.