CHEM. BANK v. WEISS


88 A.D.2d 686 (1982)

Chemical Bank, Appellant, v. Eugene Weiss et al., Respondents, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, Third Department.

May 6, 1982


As set forth in Chemical Bank v Weiss (82 A.D.2d 941, app dsmd 54 N.Y.2d 831), plaintiff Chemical Bank loaned defendant M.L.M. Associates, Inc. (MLM) $1,650,000 and took back a first mortgage on an apartment complex in Colonie, New York. Thereafter, MLM conveyed title to said premises to defendant Colonie Associates (Associates) subject to plaintiff's mortgage lien. Defendant Weiss was a general partner of Associates and chief executive...

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