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AIG FINANCIAL PRODUCTS CORP. v. PENNCARA ENERGY, LLC

4000, 603529/08.

83 A.D.3d 495 (2011)

922 N.Y.S.2d 288

AIG FINANCIAL PRODUCTS CORP., Appellant, v. PENNCARA ENERGY, LLC, Respondent.

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

Decided April 14, 2011.

The determination to stay this action pending the resolution of the Pennsylvania action was a provident exercise of discretion (see Whitney v Whitney, 57 N.Y.2d 731 [1982]; White Light Prods. v On The Scene Prods., 231 A.D.2d 90, 99 [1997]). The record establishes that there is a substantial identity of the parties and claims in the two actions and the Pennsylvania action will necessarily...

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