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QUANTUM CORPORATE FUNDING LTD. v. L.P.G. ASSOCS., INC.

246 A.D.2d 320 (1998)

667 N.Y.S.2d 702

Quantum Corporate Funding Ltd., Appellant, v. L.P.G. Associates, Inc., Respondent, et al., Defendants

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

January 8, 1998

Defendant L.P.G. Associates (LPG) was engaged as general contractor to rehabilitate apartments at a public housing project in Bronx County. DDV Construction, Inc. (DDV) undertook to perform certain work and to supply materials for the project as a subcontractor to LPG. DDV made a series of assignments of its accounts receivable under the contract to plaintiff Quantum Corporate Funding Ltd. (Quantum). Prior to the advancement of...

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