1. Home
  2. Browse Decisions
  3. A.D.2d
  4. 202 A.D.2d
  5. 202 A.D.2d 64 (1994)
 

WATERWAYS v. BARCLAYS BANK

202 A.D.2d 64 (1994)

Waterways Limited, Respondent, v. Barclays Bank Plc, Appellant

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

August 25, 1994

Attorney(s) appearing for the Case

John J. Kerr, Jr., of counsel (Eric L. Kriftcher and Elizabeth A. Fuerstman with him on the brief; Simpson Thacher & Bartlett, attorneys), for appellant.

Joseph L. Hutner of counsel (Robert E. DeRight, Jr., and Robert D. Goldstein with him on the brief; Epstein Becker & Green, P. C., attorneys), for respondent.

SULLIVAN, J. P., WALLACH, ASCH and TOM, JJ., concur.

KUPFERMAN, J.

This action arises out of plaintiff's default on a $9 million loan from Barclays Bank PLC for the renovation of the Grotto Bay Beach Hotel and Tennis Club in Bermuda, which it owned, and the subsequent appointment of a receiver and sale of the mortgaged property for $16.5 million. The verified complaint asserts that Barclays wrongfully declared the loan in default and appointed a receiver, and that...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases