F.D.I.C. v. 7 Bros. Const. Corp.
Decision Date | 18 March 1997 |
Citation | 654 N.Y.S.2d 761,237 A.D.2d 167 |
Parties | FEDERAL DEPOSIT INSURANCE CORPORATION, etc., Plaintiff, v. 7 BROTHERS CONSTRUCTION CORP., et al., Defendants, and Ronald Bruder, et al., Defendants-Respondents, and Kenneth S. Grossman, Receiver-Appellant. |
Court | New York Supreme Court — Appellate Division |
Andrew J. Lorin, New York City, for Ronald Bruder.
Herbert Monte Levy, New York City, for Kenneth S. Grossman.
Before SULLIVAN, J.P., and MILONAS, ROSENBERGER and RUBIN, JJ.
Order, Supreme Court, New York County (Walter Schackman, J.), entered May 26, 1995, which, in a mortgage foreclosure action, denied appellant receiver's motion to hold defendants management company and one of its principals in contempt for failure to turn over to him accrued rent money they had collected before his appointment but not paid over to the owner until after his appointment, unanimously affirmed, without costs.
The IAS court correctly held that a receiver is not entitled to accrued rent paid by a tenant to a managing agent before the receiver's appointment, even though not actually received by the landlord at the time of the appointment (Kane Assocs. v. Blumenson, 30 A.D.2d 127, 290 N.Y.S.2d 420, affd 23 N.Y.2d 942, 298 N.Y.S.2d 724, 246 N.E.2d 527). We have considered the receiver's other arguments and find them to be without merit.
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...N.Y. 175, 194 N.E. 76; New York Life Ins. Co. v. Fulton Dev. Corp., 265 N.Y. 348, 352, 193 N.E. 169; Federal Deposit Ins. Corp. v. 7 Bros. Constr. Corp., 237 A.D.2d 167, 654 N.Y.S.2d 761, lv. dismissed 91 N.Y.2d 849, 667 N.Y.S.2d 684, 690 N.E.2d 493; Chemical Bank v. Evans & Hughes Realty, ......
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F.D.I.C. v. 7 Brothers Construction Corp.
...v. 7 Brothers Construction Corp., Ronald Bruder, Kenneth S. Grossman NO. 1175 Court of Appeals of New York Dec 02, 1997 237 A.D.2d 167, 654 N.Y.S.2d 761 FINALITY OF JUDGMENTS AND Motion for leave to appeal dismissed. ...