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United Chelsea National Bank v. Rumican 190

Appellate Division of the Supreme Court of New York, First Department
Jun 13, 1996
228 A.D.2d 279 (N.Y. App. Div. 1996)

Opinion

June 13, 1996

Appeal from the Supreme Court, New York County (Irma Vidal Santaella, J.).


Since a receiver had been appointed and a judgment of foreclosure and sale previously entered, without any appeal having been taken, and since the mortgage provided for an ex parte appointment of a receiver, the appointment of a second receiver after the bankruptcy court lifted the automatic stay was proper ( see, RPAPL 1325; Real Property Law § 254; State St. Bank v. Broadway/St. Nicholas Assocs., 214 A.D.2d 474). This exercise of discretion was particularly appropriate given the entry of a consent order with the Department of Housing Preservation and Development to repair 596 building code violations, constituting clear evidence of waste and mismanagement ( see, CPLR art 64; Hahn v. Wylie, 54 A.D.2d 622). We have considered defendant-appellant's remaining arguments and find them to be without merit.

Concur — Rosenberger, J.P., Wallach, Nardelli and Tom, JJ.


Summaries of

United Chelsea National Bank v. Rumican 190

Appellate Division of the Supreme Court of New York, First Department
Jun 13, 1996
228 A.D.2d 279 (N.Y. App. Div. 1996)
Case details for

United Chelsea National Bank v. Rumican 190

Case Details

Full title:UNITED CHELSEA NATIONAL BANK, Respondent, v. RUMICAN 190 CORPORATION…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Jun 13, 1996

Citations

228 A.D.2d 279 (N.Y. App. Div. 1996)
643 N.Y.S.2d 586

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