A promissory note, in its simplest form, is an instrument by which a Borrower (the Maker) acknowledges its obligation to repay the Lender (the Payee). Historically, Lenders required Borrowers to enter ...

Promissory notes are used in a variety of transactions and can be used by small business owners to fund business activities. If your lender requires you to sign the promissory note in your own name, ...

'Greenleaf' presents a clear framework for alleging, and demonstrating, a bona fide defense to the enforceability of a promissory note by establishing, through parole evidence, that the actual intent ...

Chasing after an unpaid debt while trying to run a small business can be a challenge. A delinquent promissory note may result in a dip in revenue for your company and additional collection efforts for ...

In Minihane v. Brown, 2026 N.Y. Slip Op. 01505 (2d Dept. Mar. 18, 2026), the Appellate Division, Second Department, addressed when the statute of limitations begins to run on a demand promissory note.