Case Name: Chemical Corn Exchange Bank, Appellant, v. Louis Aarons, Individually and as One of the Copartners Doing Business under the Name of Peerless Construction Company, Respondent
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1959-12-08
Citations: 9 A.D.2d 881
Docket Number: 
Parties: Chemical Corn Exchange Bank, Appellant, v. Louis Aarons, Individually and as One of the Copartners Doing Business under the Name of Peerless Construction Company, Respondent.
Judges: 
Reporter: Appellate Division Reports
Volume: 9
Pages: 881–881

Head Matter:
Chemical Corn Exchange Bank, Appellant, v. Louis Aarons, Individually and as One of the Copartners Doing Business under the Name of Peerless Construction Company, Respondent.

Opinion:
Order denying summary judgment unanimously affirmed, with $20 costs and disbursements to abide the event. The record before us is so inadequate that we cannot say as a matter of law that the oral agreement of forbearance is insufficient as a defense. Issues of fact are presented as to the nature of the alleged agreement, its performability within a year, the consideration for the alleged agreement to forbear, and the factors going to its validity as a matter of public policy. The resolution of those issues must await a trial. Concur — Botein, P. J., Breitel, Rabin, Stevens and Valente, JJ.