Mullman v. Hogan

OPINION OF THE COURT

Richard S. Lane, J.

Respondent’s motion to vacate judgment by inquest attacks both subject matter and personal jurisdiction.

Pursuant to a co-operative conversion plan in 1981, respondent subscribed to and purchased the shares allocated to his apartment in premise 35 East 85th Street. His purchase was subject to financing provided by the sponsor for the unpaid balance of the subscription price. By the spring of 1983 he was substantially in arrears on both his loan payments and his maintenance payments. After several notices of default were ignored, the sponsor exercised its…