Narrative Opinion Summary
Orders from the Supreme Court of New York County, presided over by Justice Myriam Altman, dated October 29, 1993, and February 22, 1994, affirmed the decision to grant the defendants' motion to vacate a default judgment, contingent upon the posting of a bond. The court determined that requiring the bond would not infringe upon the defendants' right to a fair hearing, as they possess liquidatable property, validating the exercise of judicial discretion. This ruling aligns with precedent set in Rubin v. Payne, 103 AD2d 946. The decision was concurred by Justices Ellerin, Wallach, Kupferman, Nardelli, and Mazzarelli, with one bill of costs awarded.
Legal Issues Addressed
Judicial Discretion and Fair Hearing Rightssubscribe to see similar legal issues
Application: The court found that the bond requirement did not infringe upon the defendants' right to a fair hearing due to their possession of liquidatable property, thereby validating the use of judicial discretion.
Reasoning: The court determined that requiring the bond would not infringe upon the defendants' right to a fair hearing, as they possess liquidatable property, validating the exercise of judicial discretion.
Precedent in Vacating Judgmentssubscribe to see similar legal issues
Application: The decision to vacate the default judgment and require a bond was consistent with precedent set by a previous case, ensuring adherence to established legal principles.
Reasoning: This ruling aligns with precedent set in Rubin v. Payne, 103 AD2d 946.
Vacating Default Judgmentssubscribe to see similar legal issues
Application: The court affirmed the decision to vacate the default judgment, emphasizing the requirement for the defendants to post a bond, which was deemed consistent with established legal standards.
Reasoning: Orders from the Supreme Court of New York County, presided over by Justice Myriam Altman, dated October 29, 1993, and February 22, 1994, affirmed the decision to grant the defendants' motion to vacate a default judgment, contingent upon the posting of a bond.