Legal Opinion
Morgan Stanley & Co. v. JP Morgan Chase Bank, N.A.
District Court, S.D. New York
Decided August 11, 2009No. 06 Civ. 121(DAB)PublishedCited by 13 opinions
1Opinion of the Court
ORDER
DEBORAH A. BATTS, District Judge.
Burson-Marsteller, LLC (“Burson”) is a public relations firm that, in March 2004, made a payment of $775,000 to Column Financial (“Column”) for its monthly rent. (Compl. ¶¶ 1, 3.) At all times relevant to this action Burson paid their monthly rent checks directly to a “lockbox” operation at JP Morgan Chase Bank, N.A. (Am. Cross-cl. ¶ 7.) At a hearing before this Court the Parties represented that, “[pjursuant to directions by the landlord, Burson was directed to send its rent checks to the servicing arm of its landlord’s lender [Column Financial], meaning…
2Cases cited19 opinions
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- Becker v. SchwartzNew York Court of Appeals · 1978
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- Alfaro v. Wal-Mart Stores, Inc.Court of Appeals for the Second Circuit · 2000
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3Cited by13 opinions
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