Credito Italiano v. Cellulose Converting Equipments, S.R.L.

Order, Supreme Court, New York County (David B. *351Saxe, J.), entered April 9, 1990, which, inter alia, denied plaintiffs motion for summary judgment discharging it from liability as a stakeholder, reserved for trial defendant Cellulose Converting Equipments, S.RL.’s claim against plaintiff on the theory of equitable estoppel and granted defendant Tayyab’s cross-motion for summary judgment against plaintiff in the amount of $100,000, unanimously modified, on the law, to grant plaintiffs motion for summary judgment discharging it as stakeholder, with plaintiff directed to pay the disputed amount…