Legal Opinion
First National Bank of Scotia v. Proem-A-Net Economics Corp.
Appellate Division of the Supreme Court of the State of New York
Decided January 16, 1997PublishedCited by 2 opinions
1Opinion of the CourtPeters, J.
Appeal from an order and judgment of the Supreme Court (Teresi, J.), entered March 5, 1996 in Albany County, which, inter alia, granted plaintiff’s motion for leave to enter a deficiency judgment against defendants Proem-A-Net Economics Corporation and Dominick J. Gervasio, III.
In January 1987, defendant Proem-A-Net Economics Corporation (hereinafter PAN) acquired property known as 796, 797, 798 and 801 Watervliet-Shaker Road in the Town of Colonie, Albany County. In connection therewith, plaintiff consented to PAN’s assumption of a preexisting mortgage on several of these parcels and further…
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- Trustco Bank v. CollinsAppellate Division of the Supreme Court of the State of New York · 1995
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