WATTS v. SWISS BANK CORP.


27 N.Y.2d 270 (1970)

Sewell S. Watts, Jr. et al., as Executors of Roberta M. Lanari, Deceased, Appellants, v. Swiss Bank Corporation, Defendant and Interpleading Plaintiff. Maria E. Meyer-Lanari et al., Interpleaded Defendants-Respondents.

Court of Appeals of the State of New York.

Decided November 25, 1970.


Attorney(s) appearing for the Case

Gerald J. Dunworth, J. Arthur Leve and Mark D. Lebow for appellants.

Bernard J. Reverdin, Winslow M. Lovejoy, Douglas Foster and Edwin L. Gasperini for respondents.

Chief Judge FULD and Judges BURKE, SCILEPPI, BERGAN, JASEN and GIBSON concur.


BREITEL, J.

At issue is the ownership of the proceeds of a joint account in the New York office of a Swiss bank. The account had been opened by a married couple domiciled in France. Both have died, the husband first, and the surviving wife after litigation over the ownership of the account had begun. Substantially, the ownership turns on the conflict between the rights of survivorship of joint owners of a bank...

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