Legal Opinion
Kaiser-Georgetown Community Health Plan, Inc. v. Bankers Trust Co. of Albany, N. A.
New York Supreme Court
Decided August 14, 1981PublishedCited by 7 opinions
1Opinion of the Court
OPINION OF THE COURT
Harold J. Hughes J.
Both plaintiff and defendant seek summary judgment.
Plaintiff is a private not-for-profit health maintenance organization providing prepaid medical services. During February of 1979 its vice-president for finance and treasurer Norbert M. Meister became acquainted with Richard J. Gordon, a financial consultant. On March 25, 1979 Gordon recommended that plaintiff invest $100,000 in a certificate of deposit to be issued by defendant Bankers Trust Company of Albany, N. A. Meister obtained, with plaintiff’s funds, a $100,000 cashier’s check drawn on the Union…
2Cases cited2 opinions
- Dziurak v. Chase Manhattan BankAppellate Division of the Supreme Court of the State of New York · 1977
- Key Appliance, Inc. v. National Bank of North AmericaAppellate Division of the Supreme Court of the State of New York · 1980
3Cited by7 opinions
- Federal Insurance Company, Cross-Appellee v. Ncnb National Bank of North Carolina, Cross-Appellant, Ncnb National Bank of FloridaCourt of Appeals for the Eleventh Circuit · 1992
- Di Roma v. Merchants BankAppellate Division of the Supreme Court of the State of New York · 1983
- Utley Lumber Co. v. Bank of the BootheelMissouri Court of Appeals · 1991
- Farmers Bank v. Chicago Title InsuranceCourt of Special Appeals of Maryland · 2005
- Grand Rapids Auto Sales, Inc. v. MBNA America BankDistrict Court, W.D. Michigan · 2002
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