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Caps Unlimited, Inc. v. K.A.C.F. Credit Union

SUPREME COURT, APPELLATE TERM, FIRST DEPARTMENT
Oct 18, 2019
65 Misc. 3d 136 (N.Y. App. Term 2019)

Opinion

570171/18

10-18-2019

CAPS UNLIMITED, INC., Plaintiff-Respondent, v. K.A.C.F. CREDIT UNION, Defendant-Appellant.


Per Curiam.

Judgment (Verna L. Saunders, J.), entered on or about June 7, 2016, affirmed, without costs.

The trial court achieved "substantial justice" consistent with substantive law principles ( CCA 1807 ; see Williams v Roper , 269 AD2d 125 [2000], lv dismissed 95 NY2d 898 [2000] ) in imposing liability upon defendant credit union for payment of checks from plaintiff's account that were not "properly payable" ( UCC § 4-401[1] ), i.e., fraudulent checks (see Putnam Rolling Ladder Co. v Manufacturers Hanover Trust Co. , 74 NY2d 340, 345 [1989] ). Contrary to defendant's contention, a fair interpretation of the evidence supports a finding that plaintiff exercised reasonable care and promptness in examining its statements and timely notifying defendant of the forgeries (see UCC § 4-406[1] ).

THIS CONSTITUTES THE DECISION AND ORDER OF THE COURT.


Summaries of

Caps Unlimited, Inc. v. K.A.C.F. Credit Union

SUPREME COURT, APPELLATE TERM, FIRST DEPARTMENT
Oct 18, 2019
65 Misc. 3d 136 (N.Y. App. Term 2019)
Case details for

Caps Unlimited, Inc. v. K.A.C.F. Credit Union

Case Details

Full title:CAPS Unlimited, Inc., Plaintiff-Respondent, v. K.A.C.F. Credit Union…

Court:SUPREME COURT, APPELLATE TERM, FIRST DEPARTMENT

Date published: Oct 18, 2019

Citations

65 Misc. 3d 136 (N.Y. App. Term 2019)
2019 N.Y. Slip Op. 51650
119 N.Y.S.3d 6