Legal Opinion

Bank of New York v. Sheik

Appellate Division of the Supreme Court of the State of New York

Decided January 8, 2001PublishedCited by 2 opinions

1Opinion of the Court

In an action to foreclose a mortgage, the defendant Jamshid Sheik appeals from an order of the Supreme Court, Westchester County (Colabella, J.),' entered April 4, 2000, which denied his motion to set aside the foreclosure sale.

Ordered that the order is affirmed, with costs.

*441The Supreme Court properly denied the appellant’s motion to set aside the foreclosure sale. A court may exercise its equitable powers to set aside a judicial sale only where fraud, collusion, mistake, or overreaching casts suspicion on the fairness of the sale (see, Guardian Loan Co. v Early, 47 NY2d 515; Crossland Mtge.…

2Cases cited2 opinions

  1. Guardian Loan Co. v. EarlyNew York Court of Appeals · 1979
  2. Crossland Mortgage Corp. v. FrankelAppellate Division of the Supreme Court of the State of New York · 1993

3Cited by2 opinions

  1. Citibank, N.A. v. GrantAppellate Division of the Supreme Court of the State of New York · 2005
  2. MNH SUB I, LLC v. FoleyAppellate Division of the Supreme Court of the State of New York · 2025

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