Legal Opinion

Friesch-Groningsche Hypotheekbank Realty Corp. v. Equities

Appellate Division of the Supreme Court of the State of New York

Decided December 15, 1992PublishedCited by 7 opinions

1Opinion of the Court

Orders, Supreme Court, New York County (Peter Tom, J.), entered June 17, 1992 and July 29,1992, which, inter alia, in an action for foreclosure, granted plaintiff’s motion for summary judgment, and, upon reargument, adhered to that determination, unanimously affirmed, with costs.

*398Defendant Ward Equities (Ward) asserts that it was fraudulently induced into entering into the subject mortgage by plaintiff Friesch-Groningsche Hypotheekbank Realty Credit Corporation’s (FGH) repeated oral promises not to foreclose on its $12.5 million loan to Ward if the commercial tenancies in the mortgaged…

2Cases cited3 opinions

  1. Nassau Trust Co. v. Montrose Concrete Products Corp.New York Court of Appeals · 1982
  2. Interman Industrial Products, Ltd. v. R. S. M. Electron Power, Inc.New York Court of Appeals · 1975
  3. New York State Urban Development Corp. v. Marcus Garvey Brownstone Houses, Inc.Appellate Division of the Supreme Court of the State of New York · 1983

3Cited by7 opinions

  1. Banque Nationale de Paris v. 1567 Broadway Ownership AssociatesAppellate Division of the Supreme Court of the State of New York · 1995
  2. Chemical Bank v. Broadway 55-56th Street AssociatesAppellate Division of the Supreme Court of the State of New York · 1995
  3. Massachusetts Mutual Life Insurance v. Gramercy Twins AssociatesAppellate Division of the Supreme Court of the State of New York · 1993
  4. Bank Leumi Trust Co. v. Lightning Park, Inc.Appellate Division of the Supreme Court of the State of New York · 1995
  5. Bank v. MurphyAppellate Division of the Supreme Court of the State of New York · 1996

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