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BROYHILL FURNITURE INDUSTRIES, INC. v. HUDSON FURNITURE GALLERIES, LLC

61 A.D.3d 554 (2009)

877 N.Y.S.2d 72

BROYHILL FURNITURE INDUSTRIES, INC., Plaintiff, v. HUDSON FURNITURE GALLERIES, LLC, et al., Respondents, and HUDSON UNITED BANK, Appellant.

Appellate Division of the Supreme Court of New York, First Department.

Decided April 21, 2009.

This action arose out of a series of secured loan transactions between plaintiff Broyhill Furniture Industries, Inc., a furniture manufacturer, and HFG, a retail furniture business owned, operated and managed by the Rosenfelds, on the one hand, and between HFG and TD Bank, on the other. The transactions resulted in Broyhill and TD Bank obtaining security interests in the same collateral. When Broyhill amended its complaint against respondents to name TD Bank as a defendant...

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