Legal Opinion

Security Pacific Mortgage & Real Estate Services, Inc. v. Canadian Land Co. of America, N.V.

District Court, S.D. New York

Decided June 28, 1988No. 87 Civ. 3629(PNL)PublishedCited by 17 opinions

1Opinion of the Court

OPINION AND ORDER

LEVAL, District Judge.

Security Pacific Mortgage and Real Estate Services, Inc. (“Security Pacific”), mortgagee of the building and land at 730 Fifth Avenue in New York City, also known as the Crown Building, moves for summary judgment of foreclosure. The mortgagor Canadian Land Company of America, N.Y. does not contest the fact of numerous defaults on its mortgage obligations.1 Nor does it dispute that the terms of the mortgage agreement permit foreclosure in the event of such defaults. Canadian Land raises a number of affirmative defenses which, it asserts, defeat the…

2Cases cited33 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
  3. Perma Research and Development Company v. The Singer CompanyCourt of Appeals for the Second Circuit · 1969
  4. Gramatan Home Investors Corp. v. LopezNew York Court of Appeals · 1979
  5. Nassau Trust Co. v. Montrose Concrete Products Corp.New York Court of Appeals · 1982

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3Cited by17 opinions

  1. R.B. Ventures, Ltd. v. ShaneCourt of Appeals for the Second Circuit · 1997
  2. R.B. Ventures, Ltd. v. ShaneCourt of Appeals for the Second Circuit · 1997
  3. Harper v. Delaware Valley Broadcasters, Inc.District Court, D. Delaware · 1990
  4. Citibank, N.A. v. Nyland (Cf8) Ltd., the Republic of the Philippines, New York Land Company A/K/A Great Neckers Realty, Inc.Court of Appeals for the Second Circuit · 1989
  5. Adelson v. HarrisDistrict Court, S.D. New York · 2013

12 more not listed; retrieve them via the Exa API.

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