Legal Opinion

Braten v. Bankers Trust Co.

New York Court of Appeals

Decided November 1, 1983PublishedCited by 84 opinions

1Opinion of the Court

OPINION OF THE COURT

Kaye, J.

The breach of contract actions before us, remnants of a web of litigation growing out of the commercial misfortunes of Braten Apparel Corporation (BAG), are based on an alleged oral promise of May, 1974 that, in exchange for an additional guarantee and pledge of services, Bankers Trust Company (the Bank) would continue BAC’s credit until at least September 30, 1974. Plaintiffs are Milton Braten, BAC’s president, individually; Erwin and Emery Klineman, Braten’s father-in-law and his brother; and three companies who were suppliers to BAG. A claim by BAG against the…

2Cases cited12 opinions

  1. Nassau Trust Co. v. Montrose Concrete Products Corp.New York Court of Appeals · 1982
  2. S. J. Capelin Associates, Inc. v. Globe Manufacturing Corp.New York Court of Appeals · 1974
  3. Sabo v. DelmanNew York Court of Appeals · 1957
  4. Fogelson v. Rackfay Construction Co.New York Court of Appeals · 1950
  5. Mitchill v. LathNew York Court of Appeals · 1928

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3Cited by84 opinions

  1. Schron v. Troutman Sanders LLPNew York Court of Appeals · 2013
  2. Starter Corporation, Plaintiff-Counter-Defendant-Appellant v. Converse, Inc., Defendant-Counter-Claimant-AppelleeCourt of Appeals for the Second Circuit · 1999
  3. Bourne v. Walt Disney Co.Court of Appeals for the Second Circuit · 1995
  4. Namad v. Salomon Inc.New York Court of Appeals · 1989
  5. Corrugated Paper Products, Inc. v. Longview Fibre Co.Court of Appeals for the Seventh Circuit · 1989

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