Renad, Inc. v. Grana, Ltd., 1

Decision Date27 February 1987
Docket NumberNo. 1,1
Citation127 A.D.2d 994,512 N.Y.S.2d 940
PartiesRENAD, INC., d/b/a Raintree's, Respondent, v. GRANA, LTD. and Robert Grana, Individually, Appellants. Appeal
CourtNew York Supreme Court — Appellate Division

Charles A. Schiano, P.C., by Leslie Harmer, Rochester, for appellants.

Harris, Maloney, Horwitz, Evans & Fox, by Richard Evans, Rochester, for respondent.

Before DILLON, P.J., and CALLAHAN, DENMAN, PINE and LAWTON, JJ.

MEMORANDUM:

Defendants entered into a contract with plaintiff to purchase Raintree's bar and nightclub in Rochester, New York. The parties also entered into a management agreement whereby defendants would operate the bar, assume all liabilities and retain all profit, pending their securing a liquor license. A contract dispute thereafter arose with each party contending the other breached the agreements. Plaintiff commenced an action for breach of contract and sought a preliminary injunction enjoining defendants from operating the bar and granting plaintiff possession of the premises. The court denied plaintiff's requests, but directed defendants to deposit $67,950.00 into court within 20 days. This amount equaled the remaining installment payments due under the purchase contract plus interest. Defendants failed to deposit this amount into court within 20 days, but did vacate the premises and return possession to plaintiff. Plaintiff moved for contempt for defendants' failure to deposit the money into court, and defendants sought leave to renew and for vacatur of the prior order. The motion for leave to renew was denied, and thereafter the contempt motion was granted.

Because defendants set forth new facts and a material change of circumstances consisting of their vacating the premises and plaintiff's taking active repossession and listing it for sale, the court erred in denying defendants' motion for leave to renew (see, Metropolitan Marking Corp. v. Basso, 118 A.D.2d 835, 836, 500 N.Y.S.2d 319; 2A Weinstein-Korn-Miller, N.Y.Civ.Prac. p 2221:03). In light of this new evidence, defendants' renewal motion seeking vacatur of the prior order directing the deposit of $67,950.00 into court should have been granted. By vacating the premises and returning possession to plaintiff, defendants have afforded plaintiff the full relief sought in its motion for a preliminary injunction. Since plaintiff obtained the relief sought, no further reason exists for requiring defendants to deposit into court the amount claimed...

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4 cases
  • Island Intellectual Prop. LLC v. Reich & Tang Deposit Solutions, LLC
    • United States
    • New York Supreme Court
    • June 14, 2017
    ...Inc., 31 Misc.3d 494, 503, 921 N.Y.S.2d 784 (Sup.Ct., N.Y. County 2011) (Bransten, J.) (same), citing Renad, Inc. v. Grana, Ltd., 127 A.D.2d 994, 512 N.Y.S.2d 940 (4th Dept.1987).Finally, plaintiffs seek an accounting under section 3.4 of the ALA, which entitles Island to"the right, no more......
  • Arbeeny v. Kennedy Executive Search Inc.
    • United States
    • New York Supreme Court
    • January 14, 2011
    ...payment into the court to provide a party with security for the satisfaction of a possible judgment.” Renad, Inc. v. Grana, Ltd., 127 A.D.2d 994, 994, 512 N.Y.S.2d 940 (4th Dep't 1987); Pepe v. Miller & Miller Consulting Actuaries, Inc., 221 A.D.2d 512, 513, 633 N.Y.S.2d 602 (2d Dep't 1995)......
  • Harris v. Reagan
    • United States
    • New York Supreme Court — Appellate Division
    • November 7, 2019
    ...be used to achieve that end where the parties are locked "in a disputed contract action" like this one ( Renad, Inc. v. Grana, Ltd., 127 A.D.2d 994, 995, 512 N.Y.S.2d 940 [1987] ; see Norwalk v. J.P. Morgan & Co., 268 A.D.2d 413, 416, 702 N.Y.S.2d 96 [2000] ; Rosenblat v. Seidman, 243 A.D.2......
  • Pepe v. Miller & Miller Consulting Actuaries, Inc.
    • United States
    • New York Supreme Court — Appellate Division
    • November 20, 1995
    ...the court may not direct such payment simply to provide security for satisfaction of a possible judgment (see, Renad, Inc. v. Grana, Ltd., 127 A.D.2d 994, 512 N.Y.S.2d 940; 2A Weinstein-Korn-Miller, NY Civ Prac p 2601.06; 29 NY Jur 2d, Courts and Judges, § 424). However, the decision to ord......

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