BORENSTEIN v. ROCHEL PROPS., INC.


176 A.D.2d 171 (1991)

Abraham Borenstein et al., Respondents, v. Rochel Properties, Inc., et al., Appellants, et al., Defendants

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

September 19, 1991


Plaintiffs allege, inter alia, fraud in the inducement and lack of consideration, and seek damages and a permanent injunction against enforcement of a confession of judgment executed by them and others, in favor of Rochel Properties, Inc., in connection with the refinancing of a real estate syndication venture in Philadelphia, Pennsylvania. Rochel Properties, Inc. took back a second mortgage on the property being developed...

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