Legal Opinion
American Trading Co. v. Fish
New York Court of Appeals
Decided June 9, 1977PublishedCited by 42 opinions
1Opinion of the CourtCooke, J.
This case presents the question of whether the four-year Statute of Limitations under subdivision 1 of section 2-725 of the Uniform Commercial Code bars this action by a seller of goods against a guarantor to recover amounts due on dishonored trade acceptances and bills of exchange issued pursuant to a contract for the purchase of such goods by a corporation no longer in business.
In June, 1967, plaintiff American Trading Company, Inc., entered into a written agreement with Kinematix, Inc., and its sole shareholder, defendant Leonard Fish. The tripartite agreement provided for the…
2Cases cited13 opinions
- Schenectady Steel Co. v. Bruno Trimpoli General Construction Co.Appellate Division of the Supreme Court of the State of New York · 1974
- Schenectady Steel Co. v. Bruno Trimpoli General Construction Co.New York Court of Appeals · 1974
- McMullen v. . RaffertyNew York Court of Appeals · 1882
- Richardson Press v. . AlbrightNew York Court of Appeals · 1918
- Catskill National Bank v. DumaryNew York Court of Appeals · 1912
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3Cited by42 opinions
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- Bulova Watch Co. v. Celotex Corp.New York Court of Appeals · 1979
- Ford Motor Credit Co. v. LototskyDistrict Court, E.D. Pennsylvania · 1982
- European American Bank v. LofreseAppellate Division of the Supreme Court of the State of New York · 1992
- Components Direct, Inc. v. European American Bank & Trust Co.Appellate Division of the Supreme Court of the State of New York · 1991
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