From Casetext: Smarter Legal Research

Reuben Rose & Co. v. Davon Associates, Ltd.

Appellate Division of the Supreme Court of New York, First Department
Jun 13, 1967
28 A.D.2d 660 (N.Y. App. Div. 1967)

Opinion

June 13, 1967


Order entered January 4, 1967, granting defendant's motion to open its default and to vacate a default judgment, unanimously modified, in the exercise of discretion to the extent of granting the motion to open defendant's default upon condition that the existing judgment shall remain on record as a lien and as security for any recovery which may be had by plaintiff in this action; and as so modified, the order is affirmed, without costs or disbursements to either party. In our opinion, Special Term properly determined that defendant's default was excusable and should be opened. However, under the circumstances disclosed by the record, as a condition to granting of such relief the judgment should stand as security pending final disposition of the action.

Concur — Stevens, J.P., Eager, Tilzer, Rabin and McGivern, JJ.


Summaries of

Reuben Rose & Co. v. Davon Associates, Ltd.

Appellate Division of the Supreme Court of New York, First Department
Jun 13, 1967
28 A.D.2d 660 (N.Y. App. Div. 1967)
Case details for

Reuben Rose & Co. v. Davon Associates, Ltd.

Case Details

Full title:REUBEN ROSE CO., INC., Appellant, v. DAVON ASSOCIATES, LTD., Respondent

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

Date published: Jun 13, 1967

Citations

28 A.D.2d 660 (N.Y. App. Div. 1967)

Citing Cases

Movielab, Inc. v. Berkey Photo, Inc.

Assuming that Movielab attempts to assert the alleged federal securities laws violations as defenses and…