Order, Supreme Court, New York County (Stephen Crane, J.), entered on or about July 13, 1994, which, inter alia, granted plaintiffs motion for summary judgment as against defendant Finkelstein and judgment, same court and Justice, entered August 5, 1994, which awarded plaintiff $220,000 as against said defendant, unanimously affirmed, without costs.
The IAS Court, in granting summary judgment, properly determined that defendant-appellant Finkelstein, as the guarantor of the promissory note issued by defendant Concord, had waived the defense of fraud in the inducement of the underlying agreement and the guarantee. Appellant is barred from asserting the defense as a matter of law based upon the absolute and unconditional disclaimer and waiver contained in the personal guarantee which specifically precluded the guarantor from raising any defenses or counterclaims relating to the underlying debt (Citibank v Plapinger,
Finally, the liability of the guarantor may be broader than and exceed the scope of that of the principal where the guarantee, which is a separate undertaking, is, by its unqualified language, enforceable against the guarantor (European Am. Bank v Lofrese,
We have reviewed defendant-appellant Finkelstein’s remain
