Legal Opinion
Morse v. Howard Park Corp.
New York Supreme Court
Decided June 21, 1966PublishedCited by 7 opinions
1Opinion of the CourtChables Margett, J.
This trial raises a question fundamental to the law of mortgages. That question is: Did the mortgagee, prior to executing the mortgage under the circumstances of this case, have the duty to investigate the credit structure of the mortgagor’s tenant in order to ascertain that the tenant’s bondholders would not be prejudiced by the mortgage?
This action to foreclose certain consolidated mortgages on real property and chattels executed by Howard Park Corporation (hereinafter ‘ Howard Park” or “mortgagor”) on certain property owned by it located at 155-55 Cross Bay Boulevard, Queens, and known as…
2Cases cited10 opinions
- Williamson v. . BrownNew York Court of Appeals · 1857
- First National Bank of Paterson v. National Broadway BankNew York Court of Appeals · 1898
- Anderson v. . BloodNew York Court of Appeals · 1897
- Fidelity & Deposit Co. v. Queens County Trust Co.New York Court of Appeals · 1919
- Parker v. . ConnerNew York Court of Appeals · 1883
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3Cited by7 opinions
- HBE Leasing Corp. v. FrankCourt of Appeals for the Second Circuit · 1995
- Gowan v. Patriot Group, LLC (In Re Dreier LLP)United States Bankruptcy Court, S.D. New York · 2011
- CHEMTEX, LLC v. St. Anthony Enterprises, Inc.District Court, S.D. New York · 2007
- Commodity Futures Trading Commission v. WalshCourt of Appeals for the Second Circuit · 2010
- Federal Deposit Insurance Co., Cross-Appellant v. Leonard Malin, and Phyllis Malin, Cross-AppelleesCourt of Appeals for the Second Circuit · 1986
2 more not listed; retrieve them via the Exa API.