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UTICA METAL CORP. v. SCHECTER CORP.

47 Misc.2d 290 (1965)

Utica Sheet Metal Corporation et al., Individually and on Behalf of Themselves and All Others Entitled to Share in the Funds Received by J. E. Schecter Corporation as Contractor, Plaintiffs, v. J. E. Schecter Corporation et al., Defendants.

Supreme Court, Special Term, Albany County.

August 23, 1965

Attorney(s) appearing for the Case

Leslie F. Couch for plaintiffs. Levy, Levy & Ruback (Gary Blum of counsel), for J. E. Schecter Corporation and another, defendants. Moses & Singer (Arnold A. Jaffe and Maynard, O'Connor & Smith of counsel), for Bankers Trust Company, defendant.

T. PAUL KANE, J.

Plaintiffs subcontractors institute a class action under article 3-A of the Lien Law of the State of New York against defendant contractor (hereinafter called "Schecter"), a subsidiary of same, Jesco Corporation, Schecter individually and Bankers Trust Company (hereinafter called "Bankers"), the banking institution where "Schecter" maintained its general business account, and the institution it relied upon for its financing. Upon this...

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