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HSBC BANK, USA v. DESPOT

2014-10174

130 A.D.3d 783 (2015)

12 N.Y.S.3d 556

2015 NY Slip Op 06115

HSBC BANK, USA, Appellant, v. WILLIAM DESPOT et al., Defendants, and RONALD A. BEAU, Respondent. ROSETTE H. BEAU, Nonparty Respondent.

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

Decided July 15, 2015.

Ordered that the order is affirmed, with costs.

CPLR 2201 provides that "[e]xcept where otherwise prescribed by law, the court in which an action is pending may grant a stay of proceedings in a proper case, upon such terms as may be just." "[A] court has broad discretion to grant a stay in order to avoid the risk of inconsistent adjudications, application of proof and potential waste of judicial resources" (Zonghetti...

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