Fridman v. Dime Savings Bank

—In an action for a permanent injunction, the defendant appeals from an order of the Supreme Court, Queens County (Rutledge, J.), entered April 21, 1992, which granted the plaintiff’s application for an injunction and denied the defendant’s cross motion to dismiss the complaint.

Ordered that the order is reversed, on the law, with costs, the plaintiff’s application is denied, the defendant’s cross motion is granted, and the complaint is dismissed.

In 1986, the parties entered into 32 loans which were secured by shares of stock held by the plaintiff and allocated to 32 apartments in a…