MIMOSA EQUITIES CORP. v. ACJ ASSOC. LLC

16649, 150017/14

135 A.D.3d 529 (2016)

22 N.Y.S.3d 841

2016 NY Slip Op 00261

MIMOSA EQUITIES CORP., Respondent, v. ACJ ASSOCIATES LLC et al., Appellants.

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

Decided January 14, 2016.


The documentary evidence upon which defendants moved to dismiss the complaint is a letter agreement executed by plaintiff and defendant ACJ Associates LLC confirming plaintiff's satisfaction of a wraparound mortgage and note held by ACJ, in which the signatories released each other from all claims "with respect to only or arising from only the Loan and/or Wraparound Mortgage." Defendant Jadam Equities LLC, ACJ's escrow agent...

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