Appellate Division of the Supreme Court of the State of New York July 10, 2012 (Citibank, N.A. v. Uri Schwartz & Sons Diamonds Ltd.)

*445In an action for breach of contract, account stated, unjust enrichment and breach of guaranty against corporate defendant Uri Schwartz & Sons Diamonds, Ltd. (Schwartz) and individual defendant Zvi Ben Yosef (Ben Yosef), plaintiff Citibank seeks to recover damages under the terms of a loan agreement and a personal guarantee, both executed by Ben Yosef in November 2007.