Legal Opinion

NYCTLl 1996-1 Trust v. EM-ESS Petroleum Corp.

New York Supreme Court

Decided February 7, 2008PublishedCited by 1 opinion

1Opinion of the Court

OPINION OF THE COURT

Dianne T. Renwick, J.

In this tax lien foreclosure action, the third-party purchaser at the foreclosure sale (i.e., successful bidder) moves by order to show cause to compel the referee to transfer the deed without charging the successful bidder any post-sale interest or property taxes that have accrued during the inordinate delay (eight years) in closing on the foreclosed property. Plaintiff cross-moves for a court order compelling the referee to vacate the foreclosure sale in the event the successful bidder refuses to pay such post-sale charges.

Factual Background

In 1998,…

2Cases cited16 opinions

  1. Danielowich v. PBL DevelopmentAppellate Division of the Supreme Court of the State of New York · 2002
  2. Fleet Finance, Inc. v. GillersonAppellate Division of the Supreme Court of the State of New York · 2000
  3. Juracka v. FerraraAppellate Division of the Supreme Court of the State of New York · 1986
  4. In re BraicoAppellate Division of the Supreme Court of the State of New York · 1932
  5. South Shore Federal Savings & Loan Ass'n v. Shore Club Holding Corp.Appellate Division of the Supreme Court of the State of New York · 1976

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3Cited by1 opinion

  1. NYCTL 1996-1 Trust v. EM-ESS Petroleum Corp.Appellate Division of the Supreme Court of the State of New York · 2008

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