LANCE INT'L INC. v. AETNA CAS. & SUR. CO.


54 A.D.2d 830 (1976)

Lance International Inc., Appellant, v. Aetna Casualty and Surety Company et al., Respondents

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

November 4, 1976


Unanimously affirmed. Respondents shall recover of appellant one bill of $60 costs and disbursements of these appeals.

In this suit, by insured seller on an export credit insurance policy, plaintiff contends that the loss occurred: (a) because First National City Bank, its agent for collection, failed to transmit to plaintiff funds made available to said agent for payment of the drafts for the goods sold; and (b) perhaps because the bank, in violation of its instructions...

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