FMC CORP. v. FLEET BANK


226 A.D.2d 225 (1996)

641 N.Y.S.2d 25

FMC Corporation, Appellant-Respondent, v. Fleet Bank, Respondent-Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

April 18, 1996


The first cause of action pleads fraud arising out of statements made in early 1992, allegedly by a bank officer of defendant about the financial ability of its customer, PCO, a nonparty, to pay a balance owed to plaintiff from a line of credit extended by defendant, that induced plaintiff to sell goods to PCO on credit. The bank officer's phrasing that it "felt" that the line of credit would be adequate to cover PCO's debt to plaintiff constituted, at most, nonactionable...

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