WEISS v. ALTERMAN


152 Misc.2d 629 (1991)

Abraham Weiss et al., Plaintiffs, v. Alfred Alterman et al., Defendants.

Supreme Court, New York County.

December 19, 1991


Attorney(s) appearing for the Case

Shiavetti, De Vito, Begos & Nicholson for Danziger & Markhoff, defendant. Barker & Sussman (Stephen Sussman of counsel), for plaintiffs. Kazdin & Weinstein, P. C. (David J. Weinstein and Andrew J. Spinell of counsel), for Alfred Alterman and others, defendants. Bergdano, Zichello & Babchik for John Hochfelder.


DAVID B. SAXE, J.

This action has arisen because notices sent to debtors on behalf of secured creditors, proposing that the creditors retain certain collateral in satisfaction of the debt, failed to specifically name all the pledged collateral. Claiming an automatic entitlement to the remainder of the pledged collateral which was not specifically named in the notice, the plaintiffs present the court with an...

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