Legal Opinion
Bank of Babylon v. Zaffuto Construction Co.
Appellate Division of the Supreme Court of the State of New York
Decided January 8, 1990PublishedCited by 5 opinions
1Opinion of the Court
In an action to recover on a promissory note, the defendant appeals from a judgment of the Supreme Court, Nassau County (O’Shaughnessy, J.), entered August 15, 1988, which, after a nonjury trial, is in favor of the plaintiff and against it in the principal sum of $90,573.60.
Ordered that the judgment is affirmed, with costs.
In order to assist one of its subcontractors in making payments to its employees, materialmen and suppliers, the defendant gave the subcontractor a promissory note in the sum of $90,571. The subcontractor subsequently presented the note to the plaintiff, to which it was…
2Cases cited6 opinions
- Chemical Bank v. HaskellNew York Court of Appeals · 1980
- Grace v. Corn Exchange Bank Trust Co.New York Court of Appeals · 1941
- Mtr. of Knox (Columbia Banking)New York Court of Appeals · 1985
- I-T-E Imperial Corp. v. Bankers Trust Co.New York Court of Appeals · 1980
- Citibank, N. A. v. DeutschAppellate Division of the Supreme Court of the State of New York · 1984
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3Cited by5 opinions
- LeChase Data/Telecom Services v. GoebertNew York Court of Appeals · 2006
- DH Cattle Holdings Co. v. RenoAppellate Division of the Supreme Court of the State of New York · 1993
- Advanta Business Services Corp. v. Five C's Hardware & Paint Store, Inc.Appellate Division of the Supreme Court of the State of New York · 1998
- DH Cattle Holdings Co. v. BarreseAppellate Division of the Supreme Court of the State of New York · 1993
- LeChase Data/Telecom Services, LLC v. GoebertAppellate Division of the Supreme Court of the State of New York · 2004