PAPPAS v. FREUND


172 Misc.2d 466 (1997)

660 N.Y.S.2d 302

Mary L. Pappas, Petitioner, v. James C. Freund, as a Member of Skadden, Arps, Slate, Meagher & Flom, Respondent. James C. Freund, Petitioner, v. Mary L. Pappas, Respondent.

Supreme Court, New York County.

April 30, 1997


Attorney(s) appearing for the Case

Vernon & Ginsburg, L. L. P., New York City (Mel B. Ginsburg of counsel), for Mary L. Pappas. Skadden Arps Slate Meagher & Flom, L. L. P., New York City (Douglas M. Kraus of counsel), for James C. Freund.


BARRY A. COZIER, J.

These two proceedings involve the disposition of funds held by respondent/cross petitioner James C. Freund, Esq. (Freund), as escrow agent for James Pappas and T. Peter Pappas. Freund holds approximately $419,000 (the escrowed funds) in an interest-bearing account under the title "The T. Peter Pappas Family Trust, beneficiary Mary Louise Pappas" (the Trust). On December 16, 1996, David M...

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