Because GSRE II, Ltd. was selling a mortgage loan without first securing permission, Wells Fargo filed suit in the New York County Supreme Court and appealed after the case got dismissed.
Since the underlying paperwork established that GSRE had an unrestricted right to dispose of the loan, the Appellate Division, First Department, allowed the dismissal to stand. (It also didn't think the bank had been entitled to an order stopping the sale.)
That didn't go so Wells.
To view a copy of the Appellate Division's decision, please use this link: Wells Fargo Bank, N.A. v. GSRE II, Ltd.