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Norstar Bk., Upstate N.Y. v. Bennett Funding

Appellate Division of the Supreme Court of New York, Fourth Department
Nov 16, 1990
167 A.D.2d 961 (N.Y. App. Div. 1990)

Opinion

November 16, 1990

Appeal from the Supreme Court, Onondaga County, Miller, J.

Present — Dillon, P.J., Callahan, Green, Balio and Davis, JJ.


Order unanimously affirmed with costs. Memorandum: Supreme Court properly denied plaintiff's motion for summary judgment against defendant for recovery of collateral pursuant to a security agreement between the Bank of New York and Cole Copy Systems, Inc. Plaintiff failed to establish, by evidence in admissible form, that it was an assignee of the Bank of New York's perfected security interest. Moreover, plaintiff has not established that the collateral was in fact transferred, or that defendant is in possession of the collateral or the proceeds from the sale of it. Supreme Court did not abuse its discretion in denying defendant's motion for an order limiting issues of fact for trial (see, CPLR 3212 [g]; Newell Co. v. Rice, 158 A.D.2d 993).


Summaries of

Norstar Bk., Upstate N.Y. v. Bennett Funding

Appellate Division of the Supreme Court of New York, Fourth Department
Nov 16, 1990
167 A.D.2d 961 (N.Y. App. Div. 1990)
Case details for

Norstar Bk., Upstate N.Y. v. Bennett Funding

Case Details

Full title:NORSTAR BANK OF UPSTATE NEW YORK, Appellant, et al., Plaintiff, v. BENNETT…

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

Date published: Nov 16, 1990

Citations

167 A.D.2d 961 (N.Y. App. Div. 1990)