Stone Column Trading House Ltd. v. Beogradska Banka A.D. in Bankruptcy

139 A.D.3d 577, 30 N.Y.S.3d 817
Appellate Division of the Supreme Court of the State of New York·Decided May 24, 2016·No. 650228/13 1232 1231·Published

Opinion

Order, Supreme Court, New York County (Charles E. Ramos, J.), entered November 10, 2015, which, upon reargument of claimant Stone Column Trading House Limited’s motion for *578 summary judgment, adhered to the original order, entered December 22, 2014, denying the motion, unanimously affirmed, with costs. Appeal from order entered December 22, 2014, unanimously dismissed, without costs, as academic.

The motion court correctly determined that Stone Column’s motion for summary judgment was premature because it served the motion prior to joinder of issue (CPLR 3212 [a]; City of Rochester v Chiarella, 65 NY2d 92, 101 [1985]). Pursuant to a stipulation, the parties agreed to proceed against each other in a consolidated interpleader action involving the parties’ competing claims to an amount on deposit at a bank in liquidation proceedings (see CPLR 1006). The stipulation shows that the parties contemplated answering interrogatories in lieu of filing answers to each other’s complaints. As interrogatories have yet to be completely answered, and objections thereto resolved, issue has not been joined. Moreover, the motion court correctly noted that discovery is still outstanding on numerous material issues of fact (CPLR 3212 [f]; First Bank of Ams. v Motor Car Funding, 257 AD2d 287, 293-294 [1st Dept 1999]).

We have considered Stone Column’s remaining arguments and find them unavailing.

Concur — Sweeny, J.P., Renwick, Moskowitz, Kapnick and Gesmer, JJ.

Free access — add to your briefcase to read the full text and ask questions with AI

Stone Column Trading House Ltd. v. Beogradska Banka A.D. in Bankruptcy, 139 A.D.3d 577, 30 N.Y.S.3d 817 (N.Y. Ct. App. 2016).

139 A.D.3d 577 (Stone Column Trading House Ltd. v. Beogradska Banka A.D. in Bankruptcy) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

First Bank of the Americas v. Motor Car Funding, Inc.
257 A.D.2d 287 (Appellate Division of the Supreme Court of New York, 1999)