Robany Corp. v. Westchester Plaza Associates

New York Court of Appeals December 29, 1966

Robany Corp. v. Westchester Plaza Associates, 18 N.Y.2d 947 (N.Y. 1966)

223 N.E.2d 569; 277 N.Y.S.2d 145; 1966 N.Y. LEXIS 929

Bergaw, Burke, Desmoxd, Fum, Keating, Soileppi, Yoorhis

Opinion of the Court

Order providing for the foreclosure of the mortgage affirmed. Although the instrument upon which defendants-appellants rely to support their claim of an equitable lien upon the property in question is not void, that lien is subordinate to respondent’s purchase-money mortgage. They will be entitled, after satisfaction of respondent’s lien, to participate in any proceedings for the distribution of surplus moneys.

Concur: Chief Judge Desmoxd and Judges Fum, Yah Yoorhis, Burke, Soileppi, Bergaw and KeatiNG.

Reference

Full Case Name: Robany Corporation v. Westchester Plaza Associates, and Richard Zirinsky
Status: Published