Legal Opinion
Sisler v. Security Pacific Business Credit, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided August 4, 1994PublishedCited by 4 opinions
1Opinion of the Court
OPINION OF THE COURT
Sullivan, J. P.
Harold Levitón, appellant herein, and David L. Robbins (Robbins), trustees of two essentially identical Robbins family trusts, known as the Sisler Trust and the Druckman Trust, respectively, established in January 1981, are the defendants in a third-party action brought by Security Pacific Business Credit, Inc. In the main action, the beneficiaries of the two trusts claim that the cotrustees were not legally authorized to assign to Security for the benefit of Robbins, an income beneficiary of the trusts, a portion of up to approximately $2.5 million plus…
2Cases cited14 opinions
- Lanzi v. BrooksNew York Court of Appeals · 1977
- Airco Alloys Division v. Niagara Mohawk Power Corp.Appellate Division of the Supreme Court of the State of New York · 1980
- Austin v. . MunroNew York Court of Appeals · 1872
- Lanzi v. BrooksAppellate Division of the Supreme Court of the State of New York · 1976
- 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 by4 opinions
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- H Eighth Avenue Associates, LLC v. Stessa Corp.Appellate Division of the Supreme Court of the State of New York · 2012
- U.S. Bank N.A. v. GreenPoint Mtge. Funding, Inc.Appellate Division of the Supreme Court of the State of New York · 2017