Bank Leumi Trust Co. v. Liggett

Order, Supreme Court, New York County (Taylor, J.), entered May 8, 1985, which denied and dismissed that part of the petition seeking a determination of adverse claims to proceeds of the sheriffs sale of 6 Riverview Terrace in Manhattan, reversed, insofar as appealed from, on the law, and the petition is granted to the extent of directing the sheriff to distribute the sales proceeds with petitioner’s mortgages superior in right to subsequently entered judgments, with one bill of costs against all respondents except Helen Liggett.

This case presents an issue of first impression, whether CPLR…