Legal Opinion

Litho Fund Equities, Inc. v. Alley Spring Apartments Corp.

Appellate Division of the Supreme Court of the State of New York

Decided May 31, 1983PublishedCited by 21 opinions

1Opinion of the Court

OPINION OF THE COURT

Lazer, J. P.

At the conclusion of this mortgage foreclosure action, the receiver’s managing agent applied for an order directing the mortgagee to pay an additional fee representing the *14reasonable value of the management services rendered. The claim made was that the services had been rendered with the mortgagee’s approval and that they had resulted in a huge increase in the value of the foreclosed property. The mortgagee’s principal response to these assertions was that a managing agent’s compensation is limited to the sums received and disbursed by the receiver, a…

2Cases cited17 opinions

  1. Atlantic Trust Co. v. ChapmanSupreme Court of the United States · 1908
  2. Chisholm-Ryder Co. v. Sommer & SommerAppellate Division of the Supreme Court of the State of New York · 1979
  3. Walling v. . MillerNew York Court of Appeals · 1888
  4. Vilas v. . PageNew York Court of Appeals · 1887
  5. Jamaica Savings Bank v. Florizal Realty Corp.New York Supreme Court · 1978

12 more not listed; retrieve them via the Exa API.

3Cited by21 opinions

  1. Bankers Federal Savings Bank FSB v. Off West Broadway DevelopersAppellate Division of the Supreme Court of the State of New York · 1996
  2. Long Island City Savings & Loan Ass'n v. Bertsman Building Corp.Appellate Division of the Supreme Court of the State of New York · 1986
  3. Key Bank v. AntonAppellate Division of the Supreme Court of the State of New York · 1997
  4. First New York Bank for Business v. 155 E. 34 Realty Co.New York Supreme Court · 1993
  5. Bozewicz v. Nash Metal Ware Co.Appellate Division of the Supreme Court of the State of New York · 2001

16 more not listed; retrieve them via the Exa API.

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