Connecticut National Bank v. Peach Lake Plaza
Appellate Division of the Supreme Court of the State of New York
1Opinion of the CourtWhite, J.
Appeal (transferred to this Court by order of the Appellate Division, Second Department) from an order of the Supreme Court (Hickman, J.), entered March 6, 1992 in Putnam County, which, inter alia, granted plaintiffs motion for summary judgment.
In return for a $175,000 loan, various defendants, who are joint venturers in a project known as defendant Peach Lake Plaza (hereinafter collectively referred to as defendants), gave plaintiff a one-year promissory note secured by a second mortgage. Upon defendants’ failure to repay the loan, plaintiff commenced this action to foreclose the mortgage…
2Cases cited8 opinions
- Nassau Trust Co. v. Montrose Concrete Products Corp.New York Court of Appeals · 1982
- National Distillers & Chemical Corp. v. Seyopp Corp.New York Court of Appeals · 1966
- Chadirjian v. KanianAppellate Division of the Supreme Court of the State of New York · 1986
- Northeast Savings v. RodriguezAppellate Division of the Supreme Court of the State of New York · 1990
- Town of Minerva v. Essex County Industrial Development AgencyAppellate Division of the Supreme Court of the State of New York · 1991
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