Case Name: Coffee Trade Services, Inc., et al., Respondents, v. ContiTrade Services Corporation et al., Appellants
Court: New York Supreme Court, Appellate Division
Jurisdiction: New York
Decision Date: 1993-05-06
Citations: 193 A.D.2d 411
Docket Number: 
Parties: Coffee Trade Services, Inc., et al., Respondents, v ContiTrade Services Corporation et al., Appellants.
Judges: 
Reporter: Appellate Division Reports
Volume: 193
Pages: 411–411

Head Matter:
Coffee Trade Services, Inc., et al., Respondents, v ContiTrade Services Corporation et al., Appellants.
[596 NYS2d 427]

Opinion:
—Order, Supreme Court, New York County (Beatrice Shainswit, J.), entered January 22, 1993, which denied defendants' cross motion for an order of seizure pursuant to CPLR 7102, unanimously affirmed, with costs.
The IAS Court properly denied defendants' motion for an order of seizure based on the corporate plaintiffs alleged default in payment under a security agreement, plaintiffs having submitted evidence to refute such indebtedness (CPLR 7102 [c]). Defendants also fail to make a sufficient showing of either likelihood of success on the merits or irreparable harm to warrant the injunctive relief they seek in the alternative. Concur—Ellerin, J. P., Ross, Asch, Kassal and Rubin, JJ.