Legal Opinion
Buckthorn, Ltd. v. Rollins Burdick Hunter of New York, Inc.
Appellate Division of the Supreme Court of the State of New York
Decided May 30, 1985PublishedCited by 4 opinions
1Opinion of the Court
OPINION OF THE COURT
Fein, J.
Plaintiff, a creditor’s assignee, sues defendant, the broker for the interpleaded defendant Equity Steamship Agencies, for al*9leged conversion of insurance proceeds which defendant had received on behalf of Equity, to which plaintiff had claimed entitlement under various written agreements between plaintiff’s assignor and Equity.
Plaintiff’s president, Felzenberg, was a shipper who had done business with Equity. In 1981, as a result of Felzenberg’s introduction and personal guarantee, Equity was able to obtain a $250,000 loan from Citibank, for which Equity’s…
2Cases cited4 opinions
- Marine Midland Bank-Southern v. ThurlowNew York Court of Appeals · 1981
- Leumi Financial Corp. v. RichterNew York Court of Appeals · 1966
- Bersani v. General Accident Fire & Life Assurance Corp.New York Court of Appeals · 1975
- Pomerance v. Nanuet National BankAppellate Division of the Supreme Court of the State of New York · 1977
3Cited by4 opinions
- Megaris Furs, Inc. v. Gimbel Brothers, Inc.Appellate Division of the Supreme Court of the State of New York · 1991
- Evvtex Co. v. Hartley Cooper Associates Ltd.District Court, S.D. New York · 1996
- Grant Entertainment, Inc. v. LeeAppellate Division of the Supreme Court of the State of New York · 1992
- Buckthorn Ltd. v. Rollins Burdick Hunter of New York, Inc.Appellate Division of the Supreme Court of the State of New York · 1985