General
The Merchants Bank of New York, a Division of Valley National Bank, Appellant-Respondent, v. Harold Gross, Individually and Doing Business as Gross Enterprise, Respondent-Appellant
36 A.D.3d 485826 N.Y.S.2d 567·New York Supreme Court, Appellate Division·2007·NY
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Opinion
The Merchants Bank of New York, a Division of Valley National Bank, Appellant-Respondent, v Harold Gross, Individually and Doing Business as Gross Enterprise, Respondent-Appellant.
[826 NYS2d 567]
[MAJORITY]
Order, Supreme Court, New York County (Rolando T. Acosta, J.), entered July 22, 2005, which, in an action pursuant to Uniform Commercial Code § 3-804 by a presenting bank against the maker of an allegedly lost or stolen promissory note, denied the parties’ motions for summary judgment, unanimously affirmed, without costs.
Summary judgment in favor of either party is precluded by an issue of fact as to whether the note had been received by the maker’s bank. Concur — Mazzarelli, J.P., Andrias, Friedman, Gonzalez and Catterson, JJ.