VECTOR REALTY v. 711 FOURTEENTH STREET

No. 97-CV-303.

711 A.2d 1265 (1998)

VECTOR REALTY GROUP, INC., Appellant, v. 711 FOURTEENTH STREET, INC., Appellee. Signet Bank, Intervenor/Appellee.

District of Columbia Court of Appeals.

Decided May 28, 1998.


Attorney(s) appearing for the Case

David J. Branson, Washington, DC, for appellant.

George H. Mernick, Washington, DC, for appellee.

Michael N. Druckman, Washington, DC, with whom Andrew J. Toland, Baltimore, MD, were on the brief, for intervenor.

Before FARRELL and KING, Associate Judges, and BELSON, Senior Judge.


BELSON, Senior Judge:

This is an appeal from the trial court's denial of appellant's motions for writ of attachment, preliminary injunction, judgment of condemnation and default judgment. Appellant argues that a secured bank mortgagee cannot hold assigned rents in excess of principal and interest payments and other specified expenses in a reserve account without first satisfying a judgment creditor of the mortgagor. We affirm.

I.

Vector Realty Group...

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