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BANQUE ARABE ET INTERNATIONALE D'INVESTISSEMENT v. ONE TIMES SQUARE ASSOCS. LTD. P'SHIP

193 A.D.2d 387 (1993)

597 N.Y.S.2d 48

Banque Arabe Et Internationale D'Investissement, Respondent, v. One Times Square Associates Limited Partnership et al., Defendants, and Van Wagner Communications, Inc., Appellant

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

May 4, 1993

The instant mortgage foreclosure action is authorized notwithstanding that plaintiff, a foreign banking corporation that maintains a representative office in New York (Banking Law §§ 221-a, 221-b [3]), although properly registered is unlicensed (Banking Law § 200 [4]; Commonwealth Bank & Trust Co. v Tioga Mills, 78 A.D.2d 953; Skylake State Bank v Solar Heat & Insulation, 148 Misc...

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