330 ACQUISITION CO., LLC v. REGENCY SAVINGS BANK, F.S.B.


19 A.D.3d 174 (2005)

798 N.Y.S.2d 389

330 ACQUISITION CO., LLC, Respondent, v. REGENCY SAVINGS BANK, F.S.B., Appellant.

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

June 9, 2005.


In this action arising out of the auction sale to defendant Regency Savings Bank by the Federal Deposit Insurance Corporation (FDIC) of the FDIC's 50% passive interest in a certain participation agreement, plaintiff, the owner of the remaining 50% interest, had a right of first refusal to purchase the participation interest acquired by defendant and has alleged, inter alia, that defendant tortiously interfered with that contractually conferred right. We have already had occasion...

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