Opinion
Argued October 11, 1988
Decided November 17, 1988
Appeal from the Appellate Division of the Supreme Court in the First Judicial Department, William McCooe, J.
Frederick D. Berkon for appellant.
George N. Tompkins, Jr., Katherine B. Posner and Christopher Christensen for respondent.
Order affirmed, with costs (see, Banco Ambrosiano v Artoc Bank, 62 N.Y.2d 65; National Bank Trust Co. v Banco De Vizcaya, 72 N.Y.2d 1005).
Concur: Chief Judge WACHTLER and Judges SIMONS, KAYE, ALEXANDER, TITONE, HANCOCK, JR., and BELLACOSA.