Commercial Credit Development Corp. v. Bailey

Order unanimously modified and, as modified, affirmed, without costs, in accordance with the following memorandum: Plaintiff appeals from an order issued pursuant to CPLR 5240 staying' enforcement of a judgment in the amount of $470,581.55 recovered for nonpayment of a note given by defendants in connection with a loan for an apartment project. The papers in support of the application for the stay contain no evidence that the defendants would suffer unreasonable annoyance, expense, embarrassment, disadvantage, or other prejudice if the stay were not granted (see NY Legis Doc, 1959, No. 17, p…