Emerald Investors Ltd. v. Toms
This text of 133 A.D.3d 558 (Emerald Investors Ltd. v. Toms) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Order, Supreme Court, New York County (Manuel J. Mendez, J.), entered on or about July 2, 2014, which to the extent appealed from as limited by the briefs, granted plaintiff’s motion for summary judgment in lieu of complaint awarding it renewal judgments pursuant to CPLR 5014, unanimously affirmed, with costs.
More than 10 years have elapsed since the first docketing of plaintiffs’ two money judgments (CPLR 5014 [1]). We reject defendant’s contention that under CPLR 5014, the lien on real property resulting from the docketing of a renewal judgment cannot extend beyond the 20-year statute of limitations applicable to the original judgment. A renewal judgment provides a judgment creditor with both a new 20-year judgment and a corresponding 10-year lien (see Gletzer v Harris, 51 AD3d 196 [1st Dept 2008], affd 12 NY3d 468 [2009]).
Defendant failed to raise a triable issue of fact as to a bona fide defense to the action. He offered no more than unsubstantiated, conclusory allegations of fraud with respect to the valid *559 ity of the assignments of the original money judgments (see Banesto Banking Corp. v Teitler, 172 AD2d 469 [1st Dept 1991]). His remaining affirmative defenses are barred by the doctrine of collateral estoppel, since they were rejected in prior litigation, where he had a full and fair opportunity to litigate them (see Cantor Fitzgerald Sec. v Port Auth. of N.Y. & N.J., 107 AD3d 510 [1st Dept 2013], lv denied 22 NY3d 856 [2013]).
We have considered defendant’s remaining contentions and find them unavailing. Concur — Acosta, J.P., Saxe, Richter, Gische and Kapnick, JJ. [Prior Case History: 2014 NY Slip Op 317120J).]
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Cite This Page — Counsel Stack
133 A.D.3d 558, 19 N.Y.S.3d 421, Counsel Stack Legal Research, https://law.counselstack.com/opinion/emerald-investors-ltd-v-toms-nyappdiv-2015.