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ABRAMOVITZ v. KEW REALTY EQUITIES, INC.

235 A.D.2d 320 (1997)

652 N.Y.S.2d 737

Iser Abramovitz, Respondent, v. Kew Realty Equities, Inc., et al., Defendants. SKS Property Management L.P. et al., Intervenors-Appellants

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

January 23, 1997

The motion court correctly rejected the intervenors' argument that they obtained priority by possession of the collateral, inasmuch as the judgment debtor's partnership interest, and not the security agreement executed in conjunction with his promissory note, was the collateral. The intervenors' argument that the partnership interest here is not the type of collateral that was intended to be included in the dual filing requirement...

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