Amalgamated Bank v. Helmsley-Spear, Inc.

Order, Supreme Court, New York County (Shirley Werner Kornreich, J.), entered December 7, 2012, which granted the motion of intervener defendants to intervene and to vacate a default judgment against defendant in the principal amount of $2,363,542.66, unanimously reversed, on the law, without costs, the motion denied, and the judgment reinstated.

Intervenor-defendant Schneider & Schneider, Inc. (Schneider Corporation) was engaged in the business of, among other things, providing real estate appraisal services; intervenordefendant Lynn C. Schneider was an officer and director of Schneider…