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RTC MORTGAGE TRUST 1995-S/N1 v. R&C GENERAL CONTRACTORS CORP.

299 A.D.2d 469 (2002)

749 N.Y.S.2d 741

RTC MORTGAGE TRUST 1995-S/N1, Respondent, v. R&C GENERAL CONTRACTORS CORP. et al., Appellants, et al., Defendants. REED GROSSMAN, Nonparty Respondent.

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

Decided November 18, 2002.

Ordered that the order dated September 27, 2000, is affirmed, with one bill of costs.

Since the appellants failed to demonstrate the existence of a reasonable excuse for their default and a meritorious defense, the Supreme Court providently exercised its discretion in denying their motion, inter alia, to vacate the prior orders discharging the original receiver as well as his successor (see Mary Immaculate Hosp. v New York Cent. Mut. Fire Ins. Co., ...

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