Legal Opinion

Marine Midland Bank v. Stein

New York Supreme Court

Decided October 17, 1980PublishedCited by 8 opinions

1Opinion of the Court

OPINION OF THE COURT

Bentley Kassal, J.

motion

Plaintiff moves for partial summary judgment pursuant to CPLR 3212 (subd [e]) against all the defendants, except the People of the State of New York, thereby seeking to set aside an alleged fraudulent conveyance pursuant to section 273 of the Debtor and Creditor Law.

facts

In May of 1972, the defendant, Sydney Stein, personally guaranteed a loan made by plaintiff bank to the Outremer Development Corporation (Outremer). This loan was “rolled-over” numerous times by plaintiff until *771Outremer defaulted in 1975, without having repaid any portion of the…

2Cases cited2 opinions

  1. Rush v. RushAppellate Division of the Supreme Court of the State of New York · 1963
  2. Commercial Trading Co. v. Potter Securities Corp.Appellate Division of the Supreme Court of the State of New York · 1966

3Cited by8 opinions

  1. In Re WRT Energy Corp.United States Bankruptcy Court, W.D. Louisiana · 2001
  2. WRT Creditors Liquidation Trust v. WRT Bankruptcy Litigation Master File (In re WRT Energy Corp.)United States Bankruptcy Court, W.D. Louisiana · 2001
  3. Davis v. Suderov (In Re Davis)United States Bankruptcy Court, E.D. New York · 1992
  4. Farino v. FarinoNew York Supreme Court · 1982
  5. St. Teresa's Nursing Home v. VuksanovichAppellate Division of the Supreme Court of the State of New York · 2000

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