Legal Opinion
Bonnie & Co. Fashions, Inc. v. Bankers Trust Co.
District Court, S.D. New York
Decided July 21, 1997No. 91 Civ. 0341 (DNE)PublishedCited by 9 opinions
1Opinion of the Court
OPINION & ORDER
EDELSTEIN, District Judge:
Currently before this Court is a question concerning the release of plaintiff Bonnie Boerer’s (“plaintiff” or “Boerer”) personal $1,000,000 collateral which presently is held by defendant Bankers Trust Company (“defendant,” the “Bank,” or “BTC”). For the reasons stated herein, this Court finds that defendant must immediately release Boerer’s collateral to her, minus $20,723.87 reimbursement for BTC’s expenses of collection, or $979,276.13.
BACKGROUND
This cases arises from an alleged breach of a factoring agreement (the “Factoring Agreement”) between…
2Cases cited23 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- City of Riverside v. RiveraSupreme Court of the United States · 1986
- New York State Association for Retarded Children, Inc. v. Hugh L. Carey, Individually and as Governor of the State of New YorkCourt of Appeals for the Second Circuit · 1983
- Sears, Roebuck & Co. v. MacKeySupreme Court of the United States · 1956
- Grant v. MartinezCourt of Appeals for the Second Circuit · 1992
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