Legal Opinion
Fleet Bank v. County of Monroe Industrial Development Agency
Appellate Division of the Supreme Court of the State of New York
Decided February 2, 1996PublishedCited by 7 opinions
1Opinion of the Court
—Order unanimously modified, on the law, and as modified affirmed, without costs, in accordance with the following Memorandum: Supreme Court properly denied plaintiffs motion for summary judgment but erred in granting defendants’ cross motion for summary judgment dismissing the complaint.
A senior lienor may enter into an agreement with the mortgagor modifying the terms of the underlying note or mortgage without obtaining the consent of any junior lienors *965(see, Shultis v Woodstock Land Dev. Assocs., 188 AD2d 234, 236; Empire Trust Co. v Park-Lexington Corp., 243 App Div 315, 321). If the…
2Cases cited4 opinions
- Shultis v. Woodstock Land Development AssociatesAppellate Division of the Supreme Court of the State of New York · 1993
- Skaneateles Savings Bank v. HeroldAppellate Division of the Supreme Court of the State of New York · 1975
- Skaneateles Savings Bank v. HeroldNew York Court of Appeals · 1976
- Empire Trust Co. v. Park-Lexington Corp.Appellate Division of the Supreme Court of the State of New York · 1934
3Cited by7 opinions
- Continental Lighting & Contracting, Inc. v. Premier Grading & Utilities, LLCCourt of Appeals of Arizona · 2011
- Burney v. McLaughlinMissouri Court of Appeals · 2001
- Commodore Factors Corp. v. Deutsche Bank Natl. Trust Co.Appellate Division of the Supreme Court of the State of New York · 2020
- Sperry Associates Federal Credit Union v. U.S. Bank (In re White)United States Bankruptcy Court, E.D. New York · 2014
- Bank of Am., N.A. v. CastilloAppellate Division of the Supreme Court of the State of New York · 2024
2 more not listed; retrieve them via the Exa API.