Legal Opinion

Moyal Ex Rel. Circle Press, Inc. v. Sullo

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

Decided May 31, 2016No. 1339N 157850/14Published

1Opinion of the Court

Order, Supreme Court, New York County (Jeffrey K. Oing, J.), entered on or about October 19, 2015, which, to the extent appealed from, denied defendants Robert Malta and GMD 444, LLC’s (collectively Malta) motion for leave to amend their answer to add a usurious loan cross claim against defendant Joseph Sullo, unanimously affirmed, with costs.

The motion court properly denied the motion, because the proposed usurious loan cross claim is palpably without merit (see Gordon v Oster, 36 AD3d 525, 525 [1st Dept 2007]). The per annum interest rate on the note executed by Malta does not exceed the…

2Cases cited2 opinions

  1. Blue Wolf Capital Fund II, L.P. v. American Stevedoring, Inc.Appellate Division of the Supreme Court of the State of New York · 2013
  2. Gordon v. OsterAppellate Division of the Supreme Court of the State of New York · 2007

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