Legal Opinion

Banker's Trust Co. v. Steenburn

New York Supreme Court

Decided May 19, 1978PublishedCited by 30 opinions

1Opinion of the Court

OPINION OF THE COURT

Edward M. Horey, J.

This action was brought by the plaintiff seeking a deficiency judgment against the defendants on their personal guarantees of a corporate loan following repossession and sale of mortgaged equipment for less than the outstanding indebtedness. By counterclaims, the defendants assert causes of action against the plaintiff for breach of contract and negligent misrepresentation.

The action was tried without a jury. The trial extended over a 13-day period. The issues raised were novel and many multiple briefs (by each party) have been submitted. Extensive…

2Cases cited54 opinions

  1. Ultramares Corp. v. ToucheNew York Court of Appeals · 1931
  2. Glanzer v. . ShepardNew York Court of Appeals · 1922
  3. Lawrence v. . FoxNew York Court of Appeals · 1859
  4. Seaver v. . RansomNew York Court of Appeals · 1918
  5. International Products Co. v. Erie R.R. Co.New York Court of Appeals · 1927

49 more not listed; retrieve them via the Exa API.

3Cited by30 opinions

  1. Mallis v. Bankers Trust Co.Court of Appeals for the Second Circuit · 1980
  2. Durante Bros. And Sons, Inc. v. Flushing National Bank, Jack Farber and Richard GelmanCourt of Appeals for the Second Circuit · 1985
  3. In Re Manuel Kaplan, Debtor. Manuel Kaplan Arthur Liebersohn, Trustee v. First Options of Chicago, Inc. Manuel KaplanCourt of Appeals for the First Circuit · 1998
  4. Thompson v. StuckeyWest Virginia Supreme Court · 1983
  5. Congress Financial Corp. v. John Morrell & Co.District Court, S.D. New York · 1992

25 more not listed; retrieve them via the Exa API.

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