A ruling by the New York State Attorney General's Office in a dispute over a pair of co-op purchases in Manhattan's Mark Hotel does not preclude litigation because the A.G.'s procedure for reaching the ruling is not sufficiently judicial, a Manhattan judge has ruled.
Supreme Court Justice Lucy Billings' (See Profile) July 15 decision in Sapphire Investment Ventures v. Mark Hotel Sponsor, 600905/10, relied on the Court of Appeals' 2011 ruling in ABN AMRO Bank v. MBIA, 17 N.Y.3d 208, which similarly held that an agency's administrative ruling did not preclude litigation.
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