Legal Opinion
Albany Savings Bank v. Fred Greller Associates, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided December 26, 1991No. Appeal No. 2Published
1Opinion of the Court
— Order and judgment unanimously affirmed without costs. Memorandum: Plaintiff commenced this action to foreclose a mortgage on real property known as Townline Plaza, a shopping mall located in Canandaigua. Townline Plaza Associates (Townline), the mortgagor, is a limited partnership whose general partners are defendants Mark Schachter and Contemporary Properties, Ltd. (Contemporary). Defendant Jay Landesman is president of Contemporary. Schachter, Contemporary and Landesman are guarantors of Townline’s mortgage debt to plaintiff.
Townline filed for bankruptcy, which automatically stayed the…
2Cases cited5 opinions
- Ryan v. New York Telephone Co.New York Court of Appeals · 1984
- Gilberg v. BarbieriNew York Court of Appeals · 1981
- New York Life Insurance v. H. & J. Guttag Corp.New York Court of Appeals · 1934
- Albany Savings Bank v. David Thum Realty, Inc.Appellate Division of the Supreme Court of the State of New York · 1983
- Dime Savings Bank v. Anshel Realty Corp.Appellate Division of the Supreme Court of the State of New York · 1977