MICHAELS v. CHEM. BANK


110 Misc.2d 74 (1981)

Sidney Michaels, Plaintiff, v. Chemical Bank, Defendant.

Supreme Court, Special Term, New York County.

July 24, 1981


Attorney(s) appearing for the Case

Nemeroff, Jelline, Danzig, Graff, Mandel & Block (Meluyn Altman of counsel), for plaintiff. Zalkin, Rodin & Goodman (Harold N. Schwinger and William Linden of counsel), for defendant.


MARTIN EVANS, J.

In this action for a permanent injunction and damages arising from defendant's alleged conversion of the shares evidencing plaintiff's interest in a co-operative residential apartment, plaintiff seeks injunctive relief against defendant's sale of such shares. The motion presents a question of first impression: Does the 1977 expansion of the homestead exemption to co-operatives nevertheless permit a judgment creditor to satisfy a judgment...

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