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

139 A.D.3d 577, 30 N.Y.S.3d 817
CourtAppellate Division of the Supreme Court of the State of New York
DecidedMay 24, 2016
Docket650228/13 1232 1231
StatusPublished

This text of 139 A.D.3d 577 (Stone Column Trading House Ltd. v. Beogradska Banka A.D. in Bankruptcy) 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
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).

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.

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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)

Cite This Page — Counsel Stack

Bluebook (online)
139 A.D.3d 577, 30 N.Y.S.3d 817, Counsel Stack Legal Research, https://law.counselstack.com/opinion/stone-column-trading-house-ltd-v-beogradska-banka-ad-in-bankruptcy-nyappdiv-2016.