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Alber Inv. Co. v. Chatsworth Realty Corp.

Appellate Division of the Supreme Court of New York, First Department
Sep 29, 1992
186 A.D.2d 92 (N.Y. App. Div. 1992)

Opinion

September 29, 1992

Appeal from the Supreme Court, New York County (Karla Moskowitz, J.).


Dismissal of defendants' first affirmative defense was properly denied since it cannot be concluded as a matter of law that the order appointing Wolsky as receiver of Chatsworth Realty Corporation relieved Wolsky of the obligation of obtaining court approval of the terms and conditions of the mortgage of the subject property to plaintiff (Business Corporation Law § 1206 [b] [2]).

Defendants' second affirmative defense was not subject to dismissal since the enforceability of the mortgage was placed in doubt by defendants' allegations that Wolsky failed to maintain books and records of all moneys received and expended by him and failed to file with the court annual accountings of the assets received and payments made during his tenure as receiver.

Leave was properly granted to serve an amended answer to interpose additional affirmative defenses (CPLR 3025 [b]). That the information defendants relied on to support the proposed amendment was available to them for quite some time is not a bar to the proposed amendment in the absence of prejudice to plaintiff (see, Rutz v Kellum, 144 A.D.2d 1017, 1018).

Concur — Carro, J.P., Kupferman, Ross and Asch, JJ.


Summaries of

Alber Inv. Co. v. Chatsworth Realty Corp.

Appellate Division of the Supreme Court of New York, First Department
Sep 29, 1992
186 A.D.2d 92 (N.Y. App. Div. 1992)
Case details for

Alber Inv. Co. v. Chatsworth Realty Corp.

Case Details

Full title:ALBER INVESTMENT COMPANY, Appellant, v. CHATSWORTH REALTY CORPORATION et…

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

Date published: Sep 29, 1992

Citations

186 A.D.2d 92 (N.Y. App. Div. 1992)
588 N.Y.S.2d 272

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