First National Bank v. Mountain Food Enterprises, Inc.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Yesawich, Jr., J.
Plaintiff, a national bank, loaned defendants Frank Papandrea, Maria Papandrea and Mountain Food Enterprises, Inc. (hereinafter MFE), of which Frank Papandrea is the sole shareholder, $150,000 with a total annual interest percentage rate of 17.23%. The note evidencing the loan was secured by a mortgage on three of the Papandreas’ properties. The Papandreas made only two of the scheduled payments, and thereafter, on July 27, 1987, they and MFE filed for bankruptcy. On April 22, 1988, plaintiff commenced this foreclosure action; MFE and the Papandreas, in their joint answer…
2Cases cited6 opinions
- Lamphear v. StateAppellate Division of the Supreme Court of the State of New York · 1982
- Gray v. Bankers Trust Company of Albany, N. A.Appellate Division of the Supreme Court of the State of New York · 1981
- Franklin National Bank v. De GiacomoAppellate Division of the Supreme Court of the State of New York · 1964
- Thelma Sanders & Associates, Inc. v. FriedmanAppellate Division of the Supreme Court of the State of New York · 1988
- Umansky v. Seaboard Industries, Inc.Appellate Division of the Supreme Court of the State of New York · 1974
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3Cited by56 opinions
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- Gibeault v. Home Insurance CompanyAppellate Division of the Supreme Court of the State of New York · 1995
- Bombard v. Central Hudson Gas & Electric Co.Appellate Division of the Supreme Court of the State of New York · 1994
- Pompa v. Burroughs Wellcome Co.Appellate Division of the Supreme Court of the State of New York · 1999
51 more not listed; retrieve them via the Exa API.