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SUTTONGATE HOLDINGS LTD. v. LACONM MGT. N.V.

5470N 652393/15.

159 A.D.3d 514 (2018)

72 N.Y.S.3d 70

2018 NY Slip Op 01654

SUTTONGATE HOLDINGS LIMITED, Respondent, v. LACONM MANAGEMENT N.V. et al., Appellants.

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

Decided March 15, 2018.

It is undisputed that defendants have failed to deliver mortgages on 18 of the 23 properties that are the subject of a 2014 transaction entered into with plaintiff (see generally Ficus Invs., Inc. v Private Capital Mgt., LLC, 61 A.D.3d 1, 11-12 [1st Dept 2009]). Contrary to defendants' contention, the individual and corporate defendants who executed the March 7, 2014 purchase agreement and the July 15, 2014 loan agreement are the...

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