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Appellate Division, Fourth Department · October 9, 2026 · 2026 NY Slip Op 05883

Wilmington Trust, N.A. v Stradtman Park, LLC

Read the official decision: 2026 NY Slip Op 05883

Holding The appellate court affirmed the lower court’s denial of duplicative interest and its reduction of attorneys’ fees, finding that the plaintiff failed to establish the reasonableness of its requested rates and that the default rate interest rendered the note rate interest duplicative.

The court’s words

the plaintiff bears the burden of setting forth a prima facie case as to damages

2026 NY Slip Op 05883, at the official text

a foreclosure action is equitable in nature and triggers the equitable powers of the court

2026 NY Slip Op 05883, at the official text

it was not entitled to both note rate interest and default rate interest

2026 NY Slip Op 05883, at the official text

the court's determination to award $250,000 was not an abuse of discretion

2026 NY Slip Op 05883, at the official text
CourtAppellate Division, Fourth Department
DecidedOctober 9, 2026
Citation2026 NY Slip Op 05883
Area of lawMortgage Foreclosure
WeekWeek ending October 10, 2026
Official textOfficial decision: 2026 NY Slip Op 05883
Publication statusSlip opinions are uncorrected and subject to revision before publication in the Official Reports.
Source feedNew York slip opinion page
Law Watch record id1111

Recommended citation

ESQ HQ, New York Law Watch, Wilmington Trust, N.A. v Stradtman Park, LLC, 2026 NY Slip Op 05883 (Appellate Division, Fourth Department, October 9, 2026), https://esqhq.com/decisions/2026-ny-slip-op-05883/

How this record was made

Holding drafted by Law Watch’s in-house model, graded by three reviewers; every quotation verified word for word against the official text.

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Published October 9, 2026. Updated October 9, 2026.