Appellate Division, First Department at 27 Madison Ave. Photo: Ryland West/ALM Appeals Court Upholds $10.2M Default Judgment Against Fine Art Financier
The Appellate Division, First Department court also turned back the financing company's argument that Civil Practice Law and Rules 321(c), which stays an action when there's death, removal or disability of an attorney, should've paused the lawsuit.
February 27, 2023 at 05:34 PM
6 minute read
A state appeals court has ruled that a fine art financing company and a loan servicer defaulted on second amended counterclaims leveled against them worth $10.2 million despite their contention that they hadn't defaulted because they'd replied to "previous iterations" of the counterclaims.
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