FED. INS. v. HYER


66 A.D.2d 521 (1979)

Federal Deposit Insurance Corporation, Appellant, v. Raymond T. Hyer, Jr., et al., Respondents

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

March 5, 1979


Attorney(s) appearing for the Case

Taback & Hyams (Howard J. Herman and Ira L. Hyams of counsel), for appellant.

Berg & Duffy (James P. Duffy, III, and William Cornachio of counsel), for respondents.

DAMIANI, J. P., TITONE and SHAPIRO, JJ., concur.


MARGETT, J.

The instant case is one more of a series of lawsuits related to the October, 1974 insolvency of the Franklin National Bank.1 The principal question raised on appeal is whether the Federal Deposit Insurance Corporation (F.D.I.C.) is entitled to summary judgment in this action to collect on a note which was, by its terms, due and...

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