Sat.Jul 20, 2019 - Fri.Jul 26, 2019

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I Didn't Read What I Signed So I'm Not Responsible!

GDB Firm Blog

Nice try, but not in New York, at least in commercial transactions where there was no other hanky panky. Borrowers and guarantors in a commercial transaction are presumed to know the contents of the documents that they sign. An appellate court for Manhattan reaffirmed that principle last month. Even when the guarantor testifies that he did not read the document, he is still bound by it.

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