Case Name: Bank of New York, Respondent, v. Clavier Corporation, Defendant, and R. Carl Chandler, Appellant
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1968-04-18
Citations: 29 A.D.2d 927
Docket Number: 
Parties: Bank of New York, Respondent, v. Clavier Corporation, Defendant, and R. Carl Chandler, Appellant.
Judges: 
Reporter: Appellate Division Reports
Volume: 29
Pages: 927–927

Head Matter:
(April 18, 1968)
Bank of New York, Respondent, v. Clavier Corporation, Defendant, and R. Carl Chandler, Appellant.

Opinion:
Judgment unanimously modified, on the law, to the extent of striking therefrom that part which includes judgment of $2,250 for counsel fees, and the claim for counsel fees is severed and remanded to Special Term for an assessment of damages; otherwise the judgment is affirmed, with $50 costs and disbursements to respondent. Although appellant is as a matter of law responsible for counsel fees incurred incident to the collection of the note guaranteed, this obligation embraces -only counsel fees reasonably incurred and not necessarily the precise amount claimed by respondent. (See, Firemens Fund Ins, Co. v. Levy, 21 Mise 2d 1027.) Concur — Stevens, J. ¡F., Steuer, Tilzer, McGivern and Rabin, JJ.