Legal Opinion
Hanna v. First National Bank
New York Court of Appeals
Decided December 5, 1995PublishedCited by 12 opinions
1Opinion of the Court
OPINION OF THE COURT
Simons, J.
These two unrelated appeals involve claims by payees to recover on checks dishonored by the payor banks and address the liability imposed on a payor bank by UCC 4-302 (a). Specifically, they raise the questions whether (1) a payor bank’s timely return or dishonor of an item by midnight of the day following its receipt is a defense to the bank’s failure to settle the item on the day it was received by the payor bank; (2) a payor bank that has returned checks after its midnight deadline will be relieved of liability when the depositary bank subsequently debits its…
2Cases cited9 opinions
- Zuckerman v. City of New YorkNew York Court of Appeals · 1980
- Alvarez v. Prospect HospitalNew York Court of Appeals · 1986
- Hechter v. New York Life InsuranceNew York Court of Appeals · 1978
- Universal CIT Credit Corp. v. Farmers Bank of PortagevilleDistrict Court, E.D. Missouri · 1973
- Bank Leumi Trust Co. v. Bank of Mid-JerseyDistrict Court, D. New Jersey · 1980
4 more not listed; retrieve them via the Exa API.
3Cited by12 opinions
- Greenberg, Trager & Herbst, LLP v. HSBC Bank USANew York Court of Appeals · 2011
- First National Bank of Chicago, F/k/a Nbd Bank, Cross-Appellee v. Standard Bank & TrustCourt of Appeals for the First Circuit · 1999
- City Check Cashing, Inc. v. Manufacturers Hanover Trust Co.Supreme Court of New Jersey · 2001
- Call v. Ellenville National BankAppellate Division of the Supreme Court of the State of New York · 2004
- JPMorgan Chase Bank, N.A. v. FreybergDistrict Court, S.D. New York · 2016
7 more not listed; retrieve them via the Exa API.