What is the test for dismissing an action on the grounds that there is another action pending between the parties?

"New York", United States of America

The following excerpt is from North Fork Bank v. Grover, 2004 NY Slip Op 24045 (NY 1/23/2004), 2004 NY Slip Op 24045 (N.Y. 2004):

This statute vests this court with broad discretion in considering whether to dismiss an action on the ground another action is pending between the parties. (Whitney v. Whitney, 57 NY2d 731 [1982].)

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