An Ulster County bank wants to get back the bulk of a $525,000 loan it claims was misused by an insurance broker who later declared bankruptcy. Sawyer Savings Bank of Saugerties accused Michael G. Esposito of fraud, in a Jan. 16 complaint filed in U.S. Bankruptcy Court, Poughkeepsie.
A Dutchess horse farm is not a horse farm, a judge has ruled, when it comes to Chapter 12 bankruptcy. On May 24, U.S. Bankruptcy Judge Cecelia G. Morris granted a request to dismiss a Chapter 12 petition filed by Barbara Giordano Leonaggeo, the operator of Juggernaut Farms in Stanfordville.
Blue Mountain Shopping Center in Peekskill is claiming that the city ignored evidence of pollution and concerns about police services and then rushed through new zoning that will allow transitional housing to be built near the plaza.