VNO ST. LLC v. SQUARE ONE INC.


22 Misc.3d 560 (2008)

VNO 100 WEST 33RD STREET LLC, Petitioner, v. SQUARE ONE OF MANHATTAN, INC., Doing Business as SQUARE ONE, Respondent.

Civil Court of the City of New York, New York County.

October 7, 2008.


Attorney(s) appearing for the Case

Rosenberg & Estis, P.C., New York City (Deborah E. Riegel of counsel), for petitioner. Matalon, Shweky & Elman, New York City (Joseph Matalon of counsel), for respondent.


OPINION OF THE COURT

ARTHUR F. ENGORON, J.

Capitalism is in chaos. Six months ago investment bank Bear Stearns collapsed. One month ago giant home mortgage lenders Fannie Mae and Freddie Mac were placed under federal conservatorship. In the last several weeks, probably the most tumultuous time in Wall Street's history, the venerable Lehman Brothers investment bank declared bankruptcy (the largest bankruptcy by far in American history); the federal government...

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