Legal Opinion

Smith v. Merrill Lynch & Co.

Appellate Division of the Supreme Court of the State of New York

Decided January 19, 2010Published

1Opinion of the Court

*844The Supreme Court properly denied that branch of the motion of the defendant Merrill Lynch & Co., Inc. (hereinafter Merrill Lynch), which was for summary judgment dismissing the second cause of action asserted against it, which sounds in negligence. Merrill Lynch failed to establish, prima facie, that it did not breach a duty of care to the plaintiff. The record contains evidence that Merrill Lynch was in lawful possession of a settlement check and a request by the plaintiffs attorney to open an account for the benefit of the plaintiff in accordance with an infánt compromise order issued by…

2Cases cited3 opinions

  1. Gramore Stores, Inc. v. Bankers Trust Co.New York Supreme Court · 1978
  2. Roscoe v. Central Natinal BankNew York Supreme Court · 1978
  3. Employers Insurance v. Chemical BankCivil Court of the City of New York · 1983

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