Bank of America v. Zirogiannis

Order, Supreme Court, New York County (Richard F. Braun, J.), entered August 1, 2011, which, to the extent appealed from, granted Sterling Mortgage Company, Inc.’s motion and Wells Fargo Bank, N.A.’s cross motion for summary judgment for a pro rata distribution of funds from the Mark A. Zirogiannis IOLA account held at Bank of America, and denied SunTrust Mortgage, Inc.’s cross motion for a return of the funds it deposited into the IOLA account, unanimously reversed, on the law, without costs, Sterling’s motion and Wells Fargo’s cross motion denied, SunTrust’s motion granted, and the matter…