1234 ACQUISITION, LLC v. JOHNSON STEEL CORPORATION


42 A.D.3d 972 (2007)

839 N.Y.S.2d 648

1234 ACQUISITION, LLC, Appellant, v. JOHNSON STEEL CORPORATION, Also Known as JOHNSON STEEL, INC., et al., Defendants, and BANK OF HOLLAND, Respondent.

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

Decided July 6, 2007.


It is hereby ordered that the order so appealed from be and the same hereby is unanimously reversed on the law without costs, the motion of defendant Bank of Holland is denied, the foreclosure sale is reinstated, the motion of plaintiff is granted and defendant Bank of Holland is directed to complete its purchase of the property in question in accordance with its bid and the terms of the foreclosure sale forthwith.

Memorandum:

Defendant Bank of Holland (Bank...

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