Legal Opinion
G.G.F. Development Corp. v. Andreadis
Appellate Division of the Supreme Court of the State of New York
Decided June 29, 1998PublishedCited by 2 opinions
1Opinion of the Court
—In an action to foreclose a mortgage, the defendant Josefa San Roman appeals, as limited by her brief, from so much of an order of the Supreme Court, Queens County (Lisa, J.), dated July 28, 1997, as granted the plaintiffs motion for summary judgment striking her amended answer.
Ordered that the order is affirmed insofar as appealed from, with costs.
The plaintiff established that it acquired the subject mortgage as a sound and legitimate business investment by an assignment which was supported by valuable and substantial consideration. Moreover, the plaintiff did not seek to foreclose until…
2Cases cited4 opinions
- Fairchild Hiller Corp. v. McDonnell Douglas Corp.New York Court of Appeals · 1971
- Limpar Realty Corp. v. Uswiss Realty Holding, Inc.Appellate Division of the Supreme Court of the State of New York · 1985
- 1015 Gerard Realty Corp. v. A & S Improvements Corp.Appellate Division of the Supreme Court of the State of New York · 1983
- Grid Realty Corp. v. GialousakisAppellate Division of the Supreme Court of the State of New York · 1987
3Cited by2 opinions
- Elliott Associates, L.P. v. Banco De La Nacion and the Republic of PeruCourt of Appeals for the Second Circuit · 1999
- Merrill Lynch Mortgage Investors, Inc. v. Love Funding Corp.New York Court of Appeals · 2009