Chase Lincoln First Bank v. New York State Electric & Gas Corp.

Appeal from an order and judgment of the Supreme Court (Coutant, J.), entered January 15, 1991 in Broome County, which, inter alia, granted a cross motion by Chase Lincoln First Bank, N. A. for summary judgment in action No. 2.

In 1986, Chase Lincoln First Bank, N. A. acquired a perfected security interest in, inter alia, accounts present or after-acquired, contract rights and general intangibles of Anderson Tree Company, Inc. Thereafter, Anderson Tree and New York State Electric & Gas Corporation (hereinafter NYSEG) entered into four contracts pursuant to which Anderson Tree agreed to…