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IN RE JUGOBANKA A.D., BEOGRAD N.Y.

400469/2012.

46 Misc.3d 615 (2014)

995 N.Y.S.2d 906

In the Matter of the Liquidation of JUGOBANKA, A.D., BEOGRAD NEW YORK AGENCY, a New York-Licensed Foreign Banking Agency.

Supreme Court, New York County.

Decided November 14, 2014.

Attorney(s) appearing for the Case

Sullivan & Cromwell, New York City ( Jessica P. Stokes and William J. Snipes of counsel), for Superintendent of Department of Financial Services, petitioner.

Zegen & Fellenbaum, New York City ( Neal Fellenbaum of counsel), for Sage Realty Corporation, respondent.

OPINION OF THE COURT

In motion sequence No. 003, the Superintendent of Financial Services of the State of New York (the Superintendent) moves for an order determining Sage Realty Corporation's (Sage) priority of payment for its claim against Jugobanka A.D., Beograd (Jugobanka) pursuant to Banking Law §§ 620...

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