GLATTER v. CHASE MANHATTAN


239 A.D.2d 68 (1998)

669 N.Y.S.2d 651

Franklin Glatter et al., Appellants, v. Chase Manhattan Bank, as Successor in Interest to Chemical Bank, et al., Respondents

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

March 2, 1998


Attorney(s) appearing for the Case

Horowitz & Feinberg, West Hempstead (Matthew Feinberg of counsel), for appellants.

Michael A. Pearce, New York City, for respondents.

O'BRIEN, J. P., SULLIVAN and GOLDSTEIN, JJ., concur.


FRIEDMANN, J.

On this appeal, we are asked to determine whether a mortgagor may sue a mortgagee for punitive damages under RPAPL 1921 (4) when, in violation of that provision as amended in 1993 (L 1993, ch 132, § 2), the mortgagee fails to supply a satisfaction of mortgage within 90 days of its discharge and demand by the mortgagor.

The instant action arises out of a revolving creditline agreement...

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