New York Court of Appeals

Hotel 71 Mezz Lender LLC, Appellant v. Robert D. Falor, Respondents, Defendant

February 16, 201014 N.Y.3d 303

Summary

The New York Court of Appeals reversed the Appellate Division, holding that defendants' intangible ownership interests in out‑of‑state entities were attachable under CPLR article 62 because the garnishee was personally served while present in New York, and that the Supreme Court did not abuse its discretion in appointing a receiver under CPLR 5228.