3105 Grand Corp. v. City of New York

This action is in equity to recover moneys diverted from receivership funds beneficially owned by plaintiffs to pay taxes on property in another realty foreclosure receivership of which payments defendant, 92-21 Union Hall Street, Inc., received the benefit. Two separate and independent foreclosure proceedings were pending, one by plaintiffs and another by defendant-appellant. One Boehle was receiver in plaintiffs’ foreclosure, and one Faber was receiver in appellant’s foreclosure. Boehle and Faber were business associates, and appellant was actively engaged in compelling Faber through court…