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BANK OF TOKYO v. URBAN FOOD

229 A.D.2d 14 (1996)

650 N.Y.S.2d 654

Bank of Tokyo Trust Company, Respondent, v. Urban Food Malls Ltd. et al., Appellants, et al., Defendants Bank of Tokyo Trust Company, Respondent-Appellant, v. Urban Food Malls Ltd. et al., Defendants, and LEX-86 Realopp Corp. et al., Appellants-Respondents. Fritz W. Alexander, II, as Receiver, Respondent-Appellant Bank of Tokyo Trust Company, Appellant, v. Urban Food Malls Ltd. et al., Defendants, and LEX-86 Realopp Corp. et al., Respondents. Fritz W. Alexander, II, as Receiver, Appellant Bank of Tokyo Trust Company, Respondent, v. Urban Food Malls Ltd. et al., Defendants, and LEX-86 Realopp Corp. et al., Appellants

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

December 3, 1996

Attorney(s) appearing for the Case

Jonathan D. Siegfried of counsel (Laura E. Longobardi, Lorraine S. McGowen and Michael B. Carlinsky on the brief; Reid & Priest, L. L. P., and Orrick, Herrington & Sutcliffe, attorneys), for Bank of Tokyo Trust Company.

David C. Segal of counsel (June Diamant on the brief; Sukenik, Segal & Graff, P. C., attorneys), for Sylvia Riese.

Theodore S. Steingut, Scott E. Mollen, Franklin R. Kaiman and Warren A. Estis of counsel (John Sheridan and Gary M. Rosenberg, Michael E. Feinstein and William J. Robbins on the brief; Dornbush Mensch Mandelstam & Schaeffer, L. L. P., Graubard Mollen & Miller, and Rosenberg & Estis, P. C., attorneys), for Anita Riese and others.

Robert M. Abrahams of counsel (Arnold Spellun and Andrew Berdon on the brief; Schulte Roth & Zabel, attorneys), for Fritz W. Alexander, II.

WALLACH, KUPFERMAN and NARDELLI, JJ., concur.

SULLIVAN, J. P.

These four appeals arise out of an action to foreclose, inter alia, various mortgages and leasehold interests in 14 parcels of realty, pledged and collaterally assigned to plaintiff, The Bank of Tokyo Trust Company, a New York banking corporation, as security for loans advanced by it to The Urban Food Malls Ltd. (UFM), a defendant herein. Although the facts underlying the loan advances...

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