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Federal Deposit Insurance Corporation v. Schwartz

Court of Appeals of the State of New York
Nov 24, 1981
431 N.E.2d 621 (N.Y. 1981)

Opinion

Argued October 22, 1981

Decided November 24, 1981

Appeal from the Appellate Division of the Supreme Court in the Second Judicial Department, GEORGE J. ASPLAND, J.

Thomas L. Costa for appellant.

Ira L. Hyams for respondent.


MEMORANDUM.

The judgment appealed from and the order of the Appellate Division brought up for review should be affirmed, with costs, for the reasons stated in the memorandum at the Appellate Division.

We would only add that the appellant executrix has offered no proof of an evidentiary nature to contradict the evidence submitted by the respondent Federal Deposit Insurance Corporation. The opposition to respondent's motion for summary judgment is merely a recitation of bare allegations and speculation as to what discovery might reveal. In view of the detailed documentary support for respondent's motion for summary judgment, and in light of the failure by the appellant either to advance facts rebutting respondent's proof or raising triable issues of fact (Indig v Finkelstein, 23 N.Y.2d 728) or to seek a stay pending discovery of the facts that appellant claims are not within her knowledge, summary judgment was properly granted.

Chief Judge COOKE and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and MEYER concur.

Judgment appealed from and order of the Appellate Division brought up for review affirmed, with costs, in a memorandum.


Summaries of

Federal Deposit Insurance Corporation v. Schwartz

Court of Appeals of the State of New York
Nov 24, 1981
431 N.E.2d 621 (N.Y. 1981)
Case details for

Federal Deposit Insurance Corporation v. Schwartz

Case Details

Full title:FEDERAL DEPOSIT INSURANCE CORPORATION, Respondent, v. IRENE SCHWARTZ, as…

Court:Court of Appeals of the State of New York

Date published: Nov 24, 1981

Citations

431 N.E.2d 621 (N.Y. 1981)
431 N.E.2d 621
447 N.Y.S.2d 136

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