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MATATHIAS v. BEL-MAR LABS., INC.

25 A.D.2d 836 (1966)

Alex Matathias, Assignee of Factors and Note Buyers Corp., Respondent, v. Bel-Mar Laboratories, Inc., Appellant

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

May 17, 1966

Judgment affirmed, with $50 costs and disbursements to the respondent.

Eager, J. dissents and votes to reverse and deny summary judgment on the ground that the rate of discount was so high as to put plaintiff's assignor on notice that there were or were likely to be infirmities in checks available as possible defenses to drawer and that, under all the circumstances, there are issues of fact bearing upon the standing of plaintiff's assignor as a holder...

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