Legal Opinion
Manufacturers & Traders Trust Co. v. Franz
Appellate Division of the Supreme Court of the State of New York
Decided December 12, 1974PublishedCited by 5 opinions
1Opinion of the CourtSimons, J.
This matter is submitted to the Appellate Division in the first instance upon an agreed statement of facts pursuant to CPLR 3222.
The parties question whether group life insurance issued in conjunction with an automobile loan to Sharon Franz covered the life of the borrower, Sharon Franz, or the guarantor, her father, A. Richard Franz, Jr. Sharon Franz was killed while the monthly payments were current but before the debt was repaid. Her father, the defendant, contends that the life insurance should be paid and applied to satisfy the debt. It is the plaintiff’s contention that the insurance…
2Cases cited1 opinion
- General Phoenix Corp. v. CabotNew York Court of Appeals · 1949
3Cited by5 opinions
- Kinney v. KinneyAppellate Division of the Supreme Court of the State of New York · 1975
- Seward & Kissel v. Smith Wilson Co., Inc.District Court, S.D. New York · 1993
- Mead v. First Trust & Deposit Co.New York Supreme Court · 1977
- Ford Motor Credit Co. v. MillerDistrict Court, N.D. New York · 1998
- Tradition North America, Inc. v. SweeneyAppellate Division of the Supreme Court of the State of New York · 1987