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FLUSHING NAT BK v. MAC

90 Misc.2d 204 (1977)

Flushing National Bank, on Behalf of Itself and All Other Holders of Notes of the City of New York Maturing on or Before June 30, 1976, Plaintiff, v. Municipal Assistance Corporation for the City of New York et al., Defendants. Martin Aaron et al., Proposed Intervenors.

Supreme Court, Special and Trial Term, New York County.

June 15, 1977

Attorney(s) appearing for the Case

Richenthal, Abrams & Moss for plaintiff. Paul, Weiss, Rifkind, Wharton & Garrison (Robert Laufer of counsel), for Municipal Assistance Corporation, defendant. Louis J. Lefkowitz, Attorney-General (Shirley Adelson Siegel of counsel), for New York State Emergency Financial Control Board, defendant. W. Bernard Richland, Corporation Counsel (James Greilsheimer and Lorna Goodman of counsel), for City of New York, defendant. A. Lawrence Washburn, Jr. and Robert A. Burnstein for proposed intervenors. Earle C. Bastow, amicus curiae.

JAMES GIBSON, J.

The court has for decision related motions in connection with the continuing litigation involving the city's short-term notes, as follows:

Motion No. 1 by Martin Aaron et al. to intervene in this action on the grounds set forth in CPLR 1012 (subd [a], pars 2, 3).

Motion No. 2 by Martin Aaron to intervene in this action on the ground set forth in CPLR 1012 (subd [a], par...

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