VMVS Associates v. Consolidated Equities, Inc.

Order, Supreme Court, New York County (Bruce McM. Wright, J.), entered July 1, 1985, which granted plaintiff’s motion for a preliminary injunction against the removal by defendant Consolidated Equities, Inc., of certain funds held in escrow, unanimously reversed, on the law, with costs, and the: plaintiff’s motion denied.

Plaintiff VMVS Associates is one of several limited partners in 40 West 45th Street Associates, a limited partnership, which owned a building located at that address. Plaintiff brought an action seeking money damages, rescission of its subscription agreement, and an…