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Daily Archives: Thursday, May 4, 2017

Posted: May 4, 2017

Collateral Holder’s Disposition of Collateral Was Reasonable

On April 27, 2017, the First Department issued a decision in Bank Leumi USA v. GM Diamonds, Inc., 2017 NY Slip Op. 03266, affirming a holding that a collateral holder’s disposition of collateral was reasonable, explaining: In opposition, defendants failed to raise a triable issue of fact, relying on defendant Gilad’s disagreement with plaintiff’s expert… Read more »