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ARNAV INDUS., INC. EMPLOYEE RET. TRUST v. WESTSIDE REALTY ASSOCS.

180 A.D.2d 463 (1992)

Arnav Industries, Inc. Employee Retirement Trust, Appellant, v. Westside Realty Associates et al., Respondents, et al., Defendants

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

February 11, 1992

Defendant Mordechai Halberstam, a general partner of defendant Westside Realty Associates, executed a promissory note on behalf of the partnership in connection with a construction loan secured by certain realty. Defendant partnership defaulted on payment of the note, and plaintiff commenced this action to foreclose on the underlying mortgage. The partnership and two of the three general partners did not oppose plaintiff's motion for summary entry of a judgment of foreclosure...

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