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IN RE CORT & MEDAS ASSOCIATES, LLC

Case No. 19-41313 (CEC) 20-cv-3971 (BMC).

626 B.R. 372 (2021)

IN RE: CORT & MEDAS ASSOCIATES, LLC, Debtor. 1414 Utica Avenue Lender LLC, Appellant, v. Empire State Certified Development Corporation, Appellee.

United States District Court, E.D. New York.

Signed January 29, 2021.

Attorney(s) appearing for the Case

Joel M. Shafferman , Shafferman & Feldman LLP, New York, NY, for Debtor.

Paul A. Rubin , Hanh Huynh, Rubin, LLC, New York, NY, for Appellant 1414 Utica Avenue Lender LLC.

MEMORANDUM DECISION AND ORDER

This appeal from the bankruptcy court reflects a contest over lien priority between two mortgagees of the debtor's real property. The issue arises because an intercreditor agreement between the mortgagees subordinated amounts due under one mortgage (the "CDC mortgage...

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