Citation Numbers: 243 A.D.2d 397, 663 N.Y.S.2d 197, 1997 N.Y. App. Div. LEXIS 10762
Filed Date: 10/28/1997
Status: Precedential
Modified Date: 11/1/2024
Order, Supreme Court, New York County (Alice Schlesinger, J.), entered June 5, 1996, which, in an action to recover a debt brought by its assignee, granted defendant debtor’s motion for summary judgment dismissing the complaint as against it, unanimously affirmed, with costs.
The IAS Court correctly held that defendant creditor’s assignment to plaintiff of the debt owing to the creditor by defendant debtor did not constitute consideration for the debtor’s alleged promise to plaintiff to pay the debt directly to plaintiff, and that this is true regardless of whether the promise was made before or after the assignment. As the IAS Court stated, the alleged promise was “gratuitous”; in exchange for the