Graubard Mollen Dannett Horowitz Shapiro & Pomeranz v. Madison Investments, Inc.

Resettled order, Supreme Court, New York County (Beverly Cohen, J.), entered on or about May 23, 1990, which, inter alia granted plaintiff’s motion for summary judgment pursuant to CPLR 3212, authorizing it to release an escrow fund of $65,000 plus accrued interest to defendant Lana Realty Company ("Lana Realty”), unanimously affirmed, with costs.

The plaintiff law firm commenced the underlying inter-pleader action pursuant to CPLR 1006 as a stakeholder and escrowee of $65,000, placed in an interest-bearing escrow account pursuant to the terms of a contract of sale by which defendant Lana…