Dresdner Bank v. Edelman

Order, Supreme Court, New York County (Glen, J.), entered May 16, 1986, which denied defendant’s motion for a stay of trial on damages pending an examination before trial, and which imposed sanctions upon the attorneys for the defendant, unanimously modified, on the law and facts and in the exercise of discretion, the imposition of sanctions stricken, and otherwise affirmed, without costs.

Plaintiff is a West German bank which brought an action against defendant, a German citizen residing in New York, to recover on loans it made to him between 1973 and 1976. Supreme Court granted summary…