Legal Opinion
Abacus Federal Savings Bank v. ADT Security Services, Inc.
New York Court of Appeals
Decided March 22, 2012PublishedCited by 45 opinions
1Opinion of the Court
OPINION OF THE COURT
Cipabick, J.
Plaintiff Abacus Federal Savings Bank (Abacus) commenced this action against defendants ADT Security Services, Inc. (ADT) and Diebold, Incorporated (Diebold) to recover damages under tort and contract theories for losses incurred during a burglary of the bank. We affirm the dismissal of the complaint with one exception. We conclude that Abacus has adequately stated a cause of action for breach of contract as against ADT for its alleged losses other than losses allegedly sustained by its safe deposit box customers.
Abacus is a federally chartered savings and loan…
2Cases cited11 opinions
- Clark-Fitzpatrick, Inc. v. Long Island Rail RoadNew York Court of Appeals · 1987
- Sommer v. Federal Signal Corp.New York Court of Appeals · 1992
- Kalisch-Jarcho, Inc. v. City of New YorkNew York Court of Appeals · 1983
- Melodee Lane Lingerie Co. v. American District Telegraph Co.New York Court of Appeals · 1966
- Florence v. Merchants Central Alarm Co.New York Court of Appeals · 1980
6 more not listed; retrieve them via the Exa API.
3Cited by45 opinions
- NASDAQ OMX Group, Inc. v. UBS Securities, LLCCourt of Appeals for the Second Circuit · 2014
- SCO Group, Inc. v. International Business MacHines Corp.Court of Appeals for the Tenth Circuit · 2018
- Cohen v. Avanade, Inc.District Court, S.D. New York · 2012
- Ace Securities Corp. Home Equity Loan Trust v. DB Structured Products, Inc.District Court, S.D. New York · 2014
- Weisfelner v. Blavatnik (In re Lyondell Chem. Co.)District Court, S.D. Illinois · 2018
40 more not listed; retrieve them via the Exa API.