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INNER-CITY v. BANKING BD.

170 Misc.2d 684 (1996)

657 N.Y.S.2d 275

In the Matter of Inner-City Press/Community On the Move et al., Petitioners, v. New York State Banking Board et al., Respondents, and Chemical Banking Corporation et al., Intervenors-Respondents.

Supreme Court, New York County.

May 15, 1996

Attorney(s) appearing for the Case

Eric A. Klein, New York City, for petitioners. Dennis C. Vacco, Attorney-General, New York City (Rebecca Ann Durden of counsel), for respondents. Simpson Thacher & Bartlett, New York City (Melvyn Cantor of counsel), for Chemical Banking Corporation and others, intervenors-respondents. Mark E. Segall, Patricia M. Kelly and Betty Y. Yan, New York City, for Chemical Banking Corporation and another, intervenors-respondents. Kent T. Stauffer and Matthew G. Leonard, New York City, for Chase Manhattan Corporation and another, intervenors-respondents. Skadden, Arps, Slate, Meagher & Flom, New York City (Jay B. Kasner of counsel), for North Fork Bancorporation, Inc., and another, intervenors-respondents.

BEATRICE SHAINSWIT, J.

I. Relief Requested

This is a CPLR article 78 proceeding brought by petitioners, Inner-City Press/Community on the Move (ICP) and its executive director, Matthew Lee, and on behalf of its affiliates, pursuant to CPLR 7803 et seq., to vacate the order of respondents, the New York State Banking Board and the New York State Banking Department, approving: (a) the merger of...

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