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National Bank of Pakistan v. Basham

73 N.Y.2d 1000 Court N.Y. Decision date 1989-04-27 English

Contents

Majority

p. 1000
National Bank of Pakistan, Plaintiff, v Saeed A. Basham et al., Defendants. National Bank of Pakistan, Respondent, v Fireman’s Fund Insurance Company, Defendant-Appellant and Third-Party Plaintiff. Saeed A. Basham et al., Third-Party Defendants.
Argued March 22, 1989;
decided April 27, 1989
p. 1001
APPEARANCES OF COUNSEL
William P. Sullivan, Jr., and Jeffrey M. Winn for appellant.
Richard S. Last for respondent.
Jerome Murray and Robert G. Post for Surety Association of America, amicus curiae.
p. 1002
OPINION OF THE COURT

Order affirmed, with costs, and certified question answered in the affirmative for the reasons stated in the memorandum of the Appellate Division ( 142 AD2d 532 ).

Concur: Chief Judge Wachtler and Judges Simons, Alexander, Titone, Hancock, Jr., and Bellacosa. Taking no part: Judge Kaye.

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