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Pearl-Wick Corp. v. Chase Manhattan Bank

71 N.Y.2d 823 Court N.Y. Decision date 1988-03-17 English

Contents

Majority

p. 823
Pearl-Wick Corporation, Appellant, v Chase Manhattan Bank, N. A., Respondent.
Argued February 4, 1988;
decided March 17, 1988
p. 825
APPEARANCES OF COUNSEL
Harold S. Elovich for appellant.
T. Gorman Reilly and Joseph A. Vogel for respondent.

OPINION OF THE COURT

Order affirmed, with costs. For the reasons stated in the Appellate Division memorandum ( 125 AD2d 249 ), the first, second and fourth causes of action were barred by the Statute of Limitations, and the third cause of action was properly dismissed for failure to state a valid basis for relief.

Concur: Chief Judge Wachtler and Judges Simons, Kaye, Alexander, Hancock, Jr., Bellacosa and Dillon.[1]

* Designated pursuant to NY Constitution, article VI, § 2.