FLUSHING NAT BANK v. MAC


89 Misc.2d 783 (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. (Action No. 1.) Pyramid Service Co., on Behalf of Itself and All Other Holders of Unpaid Short Term Obligations of the City of New York Matured between December 11, 1975 through March 12, 1976, Plaintiff, v. City of New York, Defendant. (Action No. 2.)

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

May 2, 1977


Attorney(s) appearing for the Case

William I. Niles for Pyramid Service Co., plaintiff. Richenthal, Abrams & Moss for Flushing National Bank, plaintiff. Paul, Weiss, Rifkind, Wharton & Garrison for Municipal Assistance Corporation for the City of New York, defendant. Louis J. Lefkowitz, Attorney-General for New York State Emergency Financial Control Board, defendant. W. Bernard Richland, Corporation Counsel, for the City of New York, defendant. Earle C. Bastow, amicus curiae.


JAMES GIBSON, J.

Motion by plaintiff Pyramid Service Co. (1) for reargument of motion decided March 17, 1977 (Flushing Nat. Bank v Municipal Assistance Corp. [Pyramid Serv. Co.], 89 Misc.2d 342); and (2) for partial summary judgment.

(1)

The papers present no basis for reargument and the motion therefor is denied.

(2)

Although...

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