Legal Opinion

Home & City Savings Bank v. Sperrazza

Appellate Division of the Supreme Court of the State of New York

Decided May 12, 1994PublishedCited by 6 opinions

1Opinion of the CourtYesawich Jr., J.

Appeal from an order of the Supreme Court (Kahn, J.), entered July 21, 1993 in Albany County, which, upon reconsideration, denied plaintiff’s motion for summary judgment.

On September 4, 1985, defendant Augustine J. Sperrazza, Jr. (hereinafter Sperrazza) and his wife, defendant Eugenia M. Sperrazza, executed and delivered to plaintiff a mortgage on their personal residence, which was to serve as security for a short-term, $300,000 loan made to Kubar Bearings, Inc., of which Sperrazza was the chief executive officer. The loan was intended to provide interim financing for Kubar’s operations…

2Cases cited3 opinions

  1. Foley v. RocheAppellate Division of the Supreme Court of the State of New York · 1979
  2. Bank of New York v. CerasaroAppellate Division of the Supreme Court of the State of New York · 1983
  3. Home & City Savings Bank v. BilinskiAppellate Division of the Supreme Court of the State of New York · 1992

3Cited by6 opinions

  1. Manufacturers & Traders Trust Co. v. MyersAppellate Division of the Supreme Court of the State of New York · 2007
  2. Federal National Mortgage Ass'n v. McAuliffeAppellate Division of the Supreme Court of the State of New York · 1996
  3. Kleinman v. E.L. Tool & Die Co. Inc.Appellate Division of the Supreme Court of the State of New York · 2006
  4. Raico v. Concorde Funding GroupAppellate Division of the Supreme Court of the State of New York · 2009
  5. Bechard v. Monty's Bay Recreation, Inc.Appellate Division of the Supreme Court of the State of New York · 2015

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