From Casetext: Smarter Legal Research

Merchants Bank v. Israel Discount Bank

Appellate Division of the Supreme Court of New York, First Department
Jan 27, 1994
200 A.D.2d 540 (N.Y. App. Div. 1994)

Opinion

January 27, 1994

Appeal from the Supreme Court, New York County (Myriam J. Altman, J.).


While a motion for leave to renew generally should be based upon newly discovered facts, the court was within its discretion to grant renewal where the evidence bore on the substance of the court's prior ruling, an excuse was given, and the opposing party was not prejudiced (see, De Almeida v. Finesod, 160 A.D.2d 491, 492).

The court properly adhered to its earlier decision granting summary judgment since plaintiff failed to perform certain conditions precedent for indemnification by failing to deliver to defendant the notes properly endorsed and the reason for the notes' return for nonpayment prior to the expiration of its terms. The court properly found that defendant did not prevent plaintiff from making the delivery and refused to construe the contract "to imply additional requirements" of signing for deliveries (Collard v. Incorporated Vil. of Flower Hill, 52 N.Y.2d 594, 604). Nor does the letter of January 18, 1991, when read in context, constitute an anticipatory breach. In any event this argument was not raised on the original motion.

Concur — Sullivan, J.P., Carro, Wallach, Kupferman and Tom, JJ.


Summaries of

Merchants Bank v. Israel Discount Bank

Appellate Division of the Supreme Court of New York, First Department
Jan 27, 1994
200 A.D.2d 540 (N.Y. App. Div. 1994)
Case details for

Merchants Bank v. Israel Discount Bank

Case Details

Full title:MERCHANTS BANK OF NEW YORK, Appellant-Respondent, v. ISRAEL DISCOUNT BANK…

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

Date published: Jan 27, 1994

Citations

200 A.D.2d 540 (N.Y. App. Div. 1994)
607 N.Y.S.2d 20

Citing Cases

In Matter of D'Elia

Nonetheless, courts have discretion to grant a motion to renew in the interest of justice even where all the…

Erickson Air-Crane Inc. v. EAC Holdings

These provisions give the potential indemnifying party the right to receive timely notice of the third-party…