LGD Associates v. Hastingwood Trading, Ltd.

Appellate Division of the Supreme Court of New York

LGD Associates v. Hastingwood Trading, Ltd.

236 A.D.2d 275, 654 N.Y.S.2d 294, 1997 N.Y. App. Div. LEXIS 1254

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

DecidedFebruary 18, 1997

StatusPublished

This text of 236 A.D.2d 275 (LGD Associates v. Hastingwood Trading, Ltd.) 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.

Bluebook

LGD Associates v. Hastingwood Trading, Ltd., 236 A.D.2d 275, 654 N.Y.S.2d 294, 1997 N.Y. App. Div. LEXIS 1254 (N.Y. Ct. App. 1997).

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Opinion

—Judgment, Supreme Court, New York County (Herman Cahn, J.), entered November 16, 1995, awarding plaintiff $1,319,336.36, and bringing up for review an order of the same court and Justice entered on or about October 18, 1995, which, inter alia, confirmed certain Referee reports and directed entry of a deficiency judgment, unanimously affirmed, without costs.

No hearing was necessary to determine the fair and reasonable market value of the property, since plaintiffs papers sufficiently set forth the appropriate information and defendants’ objection was "unsupported by timely, relevant information” (Columbus Realty Inv. Corp. v Weng-Heng Tsiang, 226 AD2d 259, 260). We do not find that equity warrants any departure from the fair market valuation made by the IAS Court. Concur—Milonas, J. P., Ellerin, Nardelli and Tom, JJ.

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—Judgment, Supreme Court, New York County (Herman Cahn, J.), entered November 16, 1995, awarding plaintiff $1,319,336.36, and bringing up for review an order of the same court and Justice entered on or about October 18, 1995, which, inter alia, confirmed certain Referee reports and directed entry of a deficiency judgment, unanimously affirmed, without costs.

No hearing was necessary to determine the fair and reasonable market value of the property, since plaintiffs papers sufficiently set forth the appropriate information and defendants’ objection was "unsupported by timely, relevant information” (Columbus Realty Inv. Corp. v Weng-Heng Tsiang, 226 AD2d 259, 260). We do not find that equity warrants any departure from the fair market valuation made by the IAS Court. Concur—Milonas, J. P., Ellerin, Nardelli and Tom, JJ.

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Bluebook (online)

236 A.D.2d 275, 654 N.Y.S.2d 294, 1997 N.Y. App. Div. LEXIS 1254, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lgd-associates-v-hastingwood-trading-ltd-nyappdiv-1997.

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