REDDY v. MIHOS

651100/13 4728 4727.

160 A.D.3d 510 (2018)

76 N.Y.S.3d 13

2018 NY Slip Op 02565

Chittemma Reddy, Respondent, v. Evangelos Mihos, Appellant, et al., Defendant.

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

Decided April 17, 2018.


Mihos, an attorney, represented plaintiff, an experienced real estate investor, in real estate transactions for more than a decade. In 2009, Mihos informed plaintiff of an opportunity to make a loan, secured by a mortgage on real property, to a corporation (3058 Godwin) owned by defendant Omer Hodzic, another client of Mihos. In June 2009, plaintiff lent 3058 Godwin the sum of $200,000 at an annual interest rate of 15.75%, with payment of principal to become due in June 2011...

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