Legal Opinion
Banque Nationale De Paris v. 1567 Broadway Ownership Associates
Appellate Division of the Supreme Court of the State of New York
Decided March 5, 1998PublishedCited by 12 opinions
1Opinion of the Court
—Order, Supreme Court, New York County (Lorraine Miller, J.), entered September 2, 1997, which, in a mortgage foreclosure action, insofar as appealed from as limited by defendant-appellant guarantor’s brief, awarded plaintiff post-judgment interest at the contractual default rate of 24% a year, unanimously modified, on the law and the facts, to limit the amount of postjudgment interest to the statutory rate of 9% a year, and otherwise affirmed, without costs.
Since the loan documents do not constitute a clear, unambiguous and unequivocal expression that defendant agreed to pay the default rate…
2Cases cited2 opinions
- Marine Management, Inc. v. Seco Management, Inc.Appellate Division of the Supreme Court of the State of New York · 1991
- Marine Management, Inc. v. Seco Management, Inc.New York Court of Appeals · 1992
3Cited by12 opinions
- IRB-Brazil Resseguros, S.A. v. Inepar Investments, S.A.Appellate Division of the Supreme Court of the State of New York · 2011
- Daniel L. Carroll and Ingrid N. Carroll, Plaintiffs-Appellees-Cross-Appellants v. United States of America, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 2003
- Westinghouse Credit Corporation v. D'UrsoCourt of Appeals for the Second Circuit · 2004
- Sovereign Bank v. Remi Capital IncCourt of Appeals for the Third Circuit · 2022
- Carroll v. United StatesDistrict Court, S.D. New York · 2001
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