( July 22, 2025, 3:04 PM EDT) -- NEW YORK — A Florida businessman seeks dismissal in a federal court in New York of a reinsurer’s breach of contract complaint relating to a personal guaranty agreement on a defaulted $34.4 million loan, arguing that the guaranty lacks consideration and violates the statute of frauds, qualifying the agreement as a “gratuitous promise” and rendering it unenforceable....