Legal Opinion
Flushing National Bank v. Municipal Assistance Corp.
New York Supreme Court
Decided February 23, 1977PublishedCited by 3 opinions
1Opinion of the CourtJames Gibson, J.
Upon plaintiff’s appeal to the Court of Appeals, that court found (40 NY2d 731) that the New York State Emergency Moratorium Act for the City of New York (L 1975, ch 874, as amd by ch 875) is violative of the State Constitution in denying "faith and credit” to the short-term anticipation notes of the city ( NY Const, art VIII, § 2) and is therefore invalid. The court’s remittitur to the Supreme Court, New York County, directed, among other things, that the Supreme Court hear and determine with dispatch: "3. Whether, in any orders or judgments entered, the payment of interest on the principal…
2Cases cited11 opinions
- Chevron Oil Co. v. HusonSupreme Court of the United States · 1971
- Chicot County Drainage District v. Baxter State BankSupreme Court of the United States · 1940
- Great Northern Railway Co. v. Sunburst Oil & Refining Co.Supreme Court of the United States · 1932
- Cipriano v. City of HoumaSupreme Court of the United States · 1969
- Lemon v. KurtzmanSupreme Court of the United States · 1973
6 more not listed; retrieve them via the Exa API.
3Cited by3 opinions
- People Ex Rel. Office of Rent Administration v. Berry Estates, Inc.New York Court of Appeals · 1982
- Flushing National Bank v. Municipal Assistance Corp.New York Supreme Court · 1977
- Flushing National Bank v. Municipal Assistance Corp.New York Supreme Court · 1977