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GULF COAST BANK & TRUST CO. v. VIRGIL RESORT FUNDING GROUP, INC.

532255.

201 A.D.3d 1086 (2022)

160 N.Y.S.3d 169

2022 NY Slip Op 00092

Gulf Coast Bank & Trust Company, as Assignee of Tennessee Commerce Bank, Respondent, v. Virgil Resort Funding Group, Inc., et al., Defendants, and Kevin Walsh, Appellant.

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

Decided January 6, 2022.

Attorney(s) appearing for the Case

The Crossmore Law Office, Ithaca ( Edward Y. Crossmore of counsel), for appellant.

Cohen Seglias Pallas Greenhall & Furman, PC, New York City ( Edward D. Altabet of counsel), for respondent.

Egan Jr., J.P., Lynch, Clark and Aarons, JJ., concur.

In 2009, defendant Kevin Walsh (hereinafter defendant) executed a promissory note, with a maturity date of July 2, 2010, in favor of Green Lake, LLC in the amount of $435,000 to buy certain timeshare units. To secure that loan, defendant conveyed to Green Lake the deed to his vacation home located in the Town of Virgil, Cortland County...

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