Legal Opinion
Manufacturers Hanover Trust Co. v. Crossland Savings, FSB
Appellate Division of the Supreme Court of the State of New York
Decided March 12, 1992PublishedCited by 3 opinions
1Opinion of the Court
OPINION OF THE COURT
Rubin, J.
The difficulties presented by this appeal arise not from the disposition of the legal issues presented, which is in all respects proper, but from the lack of a forum in which to adjudicate the rights of all entities which ought to be joined in the action if complete relief is to be accorded between the parties (CPLR 1001 [a]).
The underlying dispute involves the default by defendant Crossland Savings, FSB in the payment of interest due on a financing instrument, referred to by the parties as the "Indenture”, which has some novel features. Before maturity, the…
2Cases cited2 opinions
- Ratner v. Chemical Bank New York Trust CompanyDistrict Court, S.D. New York · 1970
- In re the Estate of SabhaAppellate Division of the Supreme Court of the State of New York · 1978
3Cited by3 opinions
- Buechel v. BainAppellate Division of the Supreme Court of the State of New York · 2000
- American Savings of Florida, F.S.B. v. Anderson, Moss, Parks, Meyers & SherouseDistrict Court of Appeal of Florida · 1995
- Mosberg v. National Property Analyst, Inc.Appellate Division of the Supreme Court of the State of New York · 1995