Case Name: TBS Latin America Liner, Ltd., Respondent, v. Abbey Sea Shipping Services de Consultores Navales S.A. et al, Appellants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 2006-02-09
Citations: 26 A.D.3d 196
Docket Number: 
Parties: TBS Latin America Liner, Ltd., Respondent, v Abbey Sea Shipping Services de Consultores Navales S.A. et al, Appellants.
Judges: 
Reporter: Appellate Division Reports
Volume: 26
Pages: 196–197

Head Matter:
TBS Latin America Liner, Ltd., Respondent, v Abbey Sea Shipping Services de Consultores Navales S.A. et al, Appellants.
[808 NYS2d 898]

Opinion:
Judgment, Supreme Court, New York County (Marylin G. Diamond, J.), entered November 3, 2004, af ter a nonjury trial, awarding plaintiff the principal sum of $161,500.29, unanimously affirmed, with one bill of costs.
The court's findings that the promissory note was a valid and binding obligation intended by the parties to be enforceable, and was not merely a formality for plaintiffs bondholders, were supported by a fair interpretation of the evidence. Witness credibility was central to this trial, and no reason has been offered to warrant disturbing the court's findings (see e.g. Saperstein v Lewenberg, 11 AD3d 289 [2004]).
Defendants' contention that the trial court improperly restricted their introduction of evidence is not supported by the record. Concur—Mazzarelli, J.P., Saxe, Sullivan, Nardelli and Williams, JJ.