Polish National Alliance of Brooklyn, U.S.A. v. White Eagle Hall Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Lazer, J. P.
At issue in this attack on the validity of a foreclosure sale is the .lawfulness of the bid arrangement entered into between the mortgagee and a prospective purchaser, the adequacy of the sale price, and the effect of the mortgagee’s failure to join a contract vendee as a party defendant. Resolution of these questions sheds some light on the rights of those affected by mortgage foreclosure.
In February, 1976, Polish National Alliance (PNA) commenced foreclosure of its mortgage on property improved with a large catering hall and parking lot in the Prospect…
2Cases cited55 opinions
- Guardian Loan Co. v. EarlyNew York Court of Appeals · 1979
- Elterman v. . HymanNew York Court of Appeals · 1908
- Ballentyne v. SmithSupreme Court of the United States · 1907
- Williams v. . HaddockNew York Court of Appeals · 1895
- Bean v. WalkerAppellate Division of the Supreme Court of the State of New York · 1983
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3Cited by154 opinions
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- 6820 Ridge Realty, L. L. C. v. GoldmanAppellate Division of the Supreme Court of the State of New York · 1999
- United States v. WhitneyDistrict Court, W.D. New York · 1985
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