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MATTER OF SCHWARTZREICH

136 A.D.2d 642 (1988)

In the Matter of Steven Schwartzreich et al., Respondents. Victor Bahar et al., Appellants. (Proceeding No. 1.) In the Matter of Steven Schwartzreich et al., Respondents. Victor Bahar et al., Appellants. (Proceeding No. 2.) In the Matter of Steven Schwartzreich et al., Respondents. Merrick Bahar, et al., Appellants. (Proceeding No. 3.) In the Matter of Elaine Schwartzreich et al., Respondents. Merrick Bahar et al., Appellants. (Proceeding No. 4.)

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

January 19, 1988

Ordered, that the order is reversed, on the law and the facts, with costs, and that branch of the appellants' motion which was to compel the petitioners to execute a secured revolving line of credit with a credit facility is granted and the petitioners are directed to execute the requisite documents necessary to enter into a $2,000,000 revolving line of credit under the terms offered by Chemical Bank pursuant to its proposal dated March 13, 1987.

On August 22, 1986...

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