Legal Opinion

Allison Lending LLC v. Croton Development LLC

District Court, S.D. New York

Decided June 16, 2025No. 7:24-cv-07956Unknown

1Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ALLISON LENDING LLC, Plaintiff, ORDER -against- 24-CV-07956 (PMH) CROTON DEVELOPMENT LLC and VASEL BALBONA, Defendants. PHILIP M. HALPERN, United States District Judge: Allison Lending LLC (“Plaintiff”) initiated this action on October 18, 2024, seeking to foreclose on a mortgage executed by Defendant Croton Development LLC and guaranteed by Defendant Vasel Balbona (together, “Defendants”). (Doc. 1). On November 25, 2024, Plaintiff and Defendants entered into a forbearance agreement. (Doc. 19-5, Ex. 1, “Forbearance Agreement”). The…

2Cases cited13 opinions

  1. Enron Oil Corp. v. DiakuharaCourt of Appeals for the Second Circuit · 1993
  2. Finkel v. RomanowiczCourt of Appeals for the Second Circuit · 2009
  3. Greyhound Exhibitgroup, Inc. v. E.L.U.L. Realty Corp.Court of Appeals for the Second Circuit · 1992
  4. Au Bon Pain Corporation v. Artect, Inc., Douglas Kahn and Max GordonCourt of Appeals for the Second Circuit · 1981
  5. Fed. Sec. L. Rep. P 94,803 Steven Flaks v. David I. Koegel and Flora Mir Candy CorporationCourt of Appeals for the Second Circuit · 1974

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