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Chinman v. Friesch-Groningsche Hypotheekbank

Appellate Division of the Supreme Court of New York, Second Department
Jan 23, 1995
211 A.D.2d 694 (N.Y. App. Div. 1995)

Opinion

January 23, 1995

Appeal from the Supreme Court, Nassau County (Murphy, J.).


Ordered that the appeal from the order is dismissed; and it is further,

Ordered that the judgment is affirmed; and it is further,

Ordered that the respondent is awarded one bill of costs.

The appeal from the intermediate order must be dismissed because the right of direct appeal therefrom terminated with the entry of judgment in the action (see, Matter of Aho, 39 N.Y.2d 241, 248). The issues raised on appeal from the order are brought up for review and have been considered on the appeal from the judgment (CPLR 5501 [a] [1]).

We agree with the Supreme Court that, when read as a whole, the "Cash Collateral Security Agreement" clearly and unambiguously permitted the defendant to retain the cash collateral deposit at the time demand for its payment was made by the plaintiff Lion Equities (see, Hudson-Port Ewen Assocs. v. Chien Kuo, 78 N.Y.2d 944; W.W.W. Assocs. v. Giancontieri, 77 N.Y.2d 157, 162-163). Under such circumstances, the court properly granted the defendant's motion for summary judgment dismissing the complaint (see also, British Am. Dev. Corp. v. Fay's Drug Co., 178 A.D.2d 801). Miller, J.P., Joy, Krausman and Goldstein, JJ., concur.


Summaries of

Chinman v. Friesch-Groningsche Hypotheekbank

Appellate Division of the Supreme Court of New York, Second Department
Jan 23, 1995
211 A.D.2d 694 (N.Y. App. Div. 1995)
Case details for

Chinman v. Friesch-Groningsche Hypotheekbank

Case Details

Full title:JOEL L. CHINMAN et al., Appellants, v. FRIESCH-GRONINGSCHE HYPOTHEEKBANK…

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

Date published: Jan 23, 1995

Citations

211 A.D.2d 694 (N.Y. App. Div. 1995)
621 N.Y.S.2d 895