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Security Pac. Bus. Credit, Inc. v. Robbins

Appellate Division of the Supreme Court of New York, First Department
Feb 24, 1994
201 A.D.2d 431 (N.Y. App. Div. 1994)

Opinion

February 24, 1994

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


After the remainder beneficiaries of a trust assigned to plaintiff commenced a civil action seeking to invalidate that assignment, the Cohens sought to vacate the judgment in favor of plaintiff on a promissory note. The IAS Court properly denied this relief since the purported unenforceability of the assignment did not constitute newly discovered evidence pursuant to CPLR 5015 (a) (2) and in any case, the Cohens' belated attempt, following the entry of summary judgment, to plead fraud in the inducement does not constitute a meritorious defense to enforcement of the note in these circumstances. For these reasons, the court also properly denied the Cohens' motion to amend their pleadings.

Concur — Rosenberger, J.P., Ross, Asch, Rubin and Williams, JJ.


Summaries of

Security Pac. Bus. Credit, Inc. v. Robbins

Appellate Division of the Supreme Court of New York, First Department
Feb 24, 1994
201 A.D.2d 431 (N.Y. App. Div. 1994)
Case details for

Security Pac. Bus. Credit, Inc. v. Robbins

Case Details

Full title:SECURITY PACIFIC BUSINESS CREDIT, INC., Respondent, v. DAVID L. ROBBINS…

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

Date published: Feb 24, 1994

Citations

201 A.D.2d 431 (N.Y. App. Div. 1994)
607 N.Y.S.2d 678