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Gyncor, Inc. v. Ironwood Realty Corporation

Appellate Division of the Supreme Court of New York, First Department
Mar 18, 1999
259 A.D.2d 363 (N.Y. App. Div. 1999)

Opinion

March 18, 1999

Appeal from the Supreme Court, New York County (Richard Braun, J.).


Plaintiff's first request for a Yellowstone injunction was properly denied upon the ground that it admittedly could not bond or pay the mechanic's liens specified in defendant's second notice to cure, and thus lacked the ability to cure the alleged default ( see, Stuart v. D D Assocs., 160 A.D.2d 547, 548). Any insufficiency in defendant's first notice to cure was irrelevant since the second notice to cure, pursuant to which defendant canceled the lease, contained all the necessary information, and indeed its sufficiency was never challenged by plaintiff. Nor is there merit to plaintiff's contention that the cure period had not yet expired at the time of its third application for a TRO and of defendant's service of a notice of cancellation. Under the lease, if the cure period lapsed on a Saturday, plaintiff would not have been entitled to an extension until the following Monday, and even if it were entitled to such an extension, the few hours remaining to the cure period would have elapsed before defendant served its notice of cancellation.

Concur — Sullivan, J. P., Williams, Lerner and Andrias, JJ.


Summaries of

Gyncor, Inc. v. Ironwood Realty Corporation

Appellate Division of the Supreme Court of New York, First Department
Mar 18, 1999
259 A.D.2d 363 (N.Y. App. Div. 1999)
Case details for

Gyncor, Inc. v. Ironwood Realty Corporation

Case Details

Full title:GYNCOR, INC., Appellant, v. IRONWOOD REALTY CORPORATION, Respondent

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

Date published: Mar 18, 1999

Citations

259 A.D.2d 363 (N.Y. App. Div. 1999)
687 N.Y.S.2d 57

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