Legal Opinion
Gerrity Co. v. Bonacquisti Construction Corp.
Appellate Division of the Supreme Court of the State of New York
Decided March 10, 1988PublishedCited by 5 opinions
1Opinion of the Court
OPINION OF THE COURT
Levine, J.
Commencing in 1983, defendant Bonacquisti Construction Corporation (hereinafter Bonacquisti) began borrowing from defendant Norstar Bank of Upstate NY (hereinafter Norstar) and its predecessor bank, State Bank of Albany, under an unsecured line of credit of $115,000, evidenced by demand notes. During the entire relevant period, Bonacquisti was a contractor in the construction industry and kept a general corporate checking account under its name at Norstar and its predecessor. Norstar concedes that it was generally aware that Bonacquisti was in the construction…
2Cases cited10 opinions
- Bischoff v. . Yorkville BankNew York Court of Appeals · 1916
- Grace v. Corn Exchange Bank Trust Co.New York Court of Appeals · 1941
- Raymond Concrete Pile Co. v. Federation Bank & Trust Co.New York Court of Appeals · 1942
- Mtr. of Knox (Columbia Banking)New York Court of Appeals · 1985
- Bonham v. Coe, KatzNew York Court of Appeals · 1937
5 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Trojan Hardware Co. v. Bonacquisti Construction Corp.Appellate Division of the Supreme Court of the State of New York · 1988
- Olmedo-Garcia v. DobsonAppellate Division of the Supreme Court of the State of New York · 2006
- Insurance Co. of North America v. Genstar Stone Products Co.Court of Appeals of Maryland · 1995
- Gerrity Co. v. Bonacquisti Construction Corp.Appellate Division of the Supreme Court of the State of New York · 1989
- LeChase Data/Telecom Services, LLC v. GoebertNew York Supreme Court · 2003