Bankers Trust Co. of California, N. A. v. Tooley

—Order unanimously reversed on the law with costs and motion denied. Memorandum: Supreme Court erred in granting plaintiffs motion for summary judgment. The record establishes that plaintiff purchased defendants’ loan in or around March 1994 as part of a bulk transfer of loans. It further establishes that the loan was assigned to plaintiff on March 22, 1994, after plaintiff commenced this action. Because plaintiff failed to establish that it had an interest in the mortgage and bond when the action was commenced, it is not entitled to summary judgment (see, Mazzaroppi v 865 E. Tremont Realty…