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Chemical Bank v. B S Woodworking Corp.

Appellate Division of the Supreme Court of New York, First Department
Apr 2, 1996
226 A.D.2d 123 (N.Y. App. Div. 1996)

Opinion

April 2, 1996

Appeal from the Supreme Court, Nassau County (Alfred Robbins, J.).


The IAS Court properly determined that once intervenor Henny Sonnenburg paid off the debt owed to Midlantic Bank by her husband and his company, she became subrogated to the rights and priorities of the bank, from which she received a written assignment ( see, Gerseta Corp. v. Equitable Trust Co., 241 N.Y. 418). Her claim was, therefore, entitled to priority over that of intervenor-appellant, since Midlantic Bank's claim was perfected prior to that of intervenor-appellant, notwithstanding that the assignment of Midlantic's rights to intervenor-respondent occurred last in this sequence of events. We have considered intervenor-appellant's remaining arguments and find them to be without merit.

Concur — Milonas, J.P., Ellerin, Rubin, Ross and Mazzarelli, JJ.


Summaries of

Chemical Bank v. B S Woodworking Corp.

Appellate Division of the Supreme Court of New York, First Department
Apr 2, 1996
226 A.D.2d 123 (N.Y. App. Div. 1996)
Case details for

Chemical Bank v. B S Woodworking Corp.

Case Details

Full title:CHEMICAL BANK, Plaintiff, v. B S WOODWORKING CORPORATION et al.…

Court:Appellate Division of the Supreme Court of New York, First Department

Date published: Apr 2, 1996

Citations

226 A.D.2d 123 (N.Y. App. Div. 1996)
640 N.Y.S.2d 51

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