People v. Imran

OPINION OF THE COURT

William E. Garnett, J.

Does the “double equity” requirement contained in CPL 500.10 (17) (b) apply to a court’s review of an insurance company bail bond secured by real property?

*747In this case, the defendant was charged with numerous counts of criminal sale of a firearm in the third degree, a class D felony. (Penal Law § 265.11 [1].) At his arraignment on October 11, 2002, a judge set bail at $500,000 cash or insurance company bond.* The People requested, and were granted, a bail source hearing pursuant to CPL 520.30.

On October 16, 2002, an insurance company posted a bail…