Legal Opinion

Ayala v. Jamaica Savings Bank

New York Supreme Court

Decided October 3, 1983PublishedCited by 2 opinions

1Opinion of the Court

OPINION OF THE COURT

William G. Giaccio, J.

In this action to recover damages for common-law fraud and securities law fraud, defendant Jamaica Savings Bank (hereinafter Jamaica) moves pursuant to CPLR 3211 (subd [a], par 7) and 3016 (subd [b]) to dismiss the complaint for failure to state a cause of action. Plaintiff cross-moves pursuant to CPLR 3211 (subd [b]) to dismiss defendant’s defenses to the extent that they rely on material which is inadmissible under CPLR 4544.

Plaintiff opened two time-deposit savings accounts with Jamaica, one in October of 1977 and the other in April, 1979. Each…

2Cases cited11 opinions

  1. Guggenheimer v. GinzburgNew York Court of Appeals · 1977
  2. Channel Master Corp. v. Aluminium Limited Sales, Inc.New York Court of Appeals · 1958
  3. Marine Bank v. WeaverSupreme Court of the United States · 1982
  4. Foley v. D'AgostinoAppellate Division of the Supreme Court of the State of New York · 1964
  5. Clearview Concrete Products Corp. v. S. Charles Gherardi, Inc.Appellate Division of the Supreme Court of the State of New York · 1982

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3Cited by2 opinions

  1. Epperson v. SouthbankMississippi Supreme Court · 2012
  2. Ayala v. Jamaica Savings BankAppellate Division of the Supreme Court of the State of New York · 1985

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