According to the complaint, plaintiff, formerly president and sole shareholder of Second 40th St. Corp., which corporation is not a party to this action, and the sole asset of which corporation is a building in Manhattan, pledged her stock in that corporation to certain of the defendants as security for a loan of approximately $607,400. Defendants allege that the proceeds of that loan were used to purchase the shares pledged. When plaintiff defaulted on repayment of the loan...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
