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WILLIAMSTON PANTS CO., INC. v. BANKERS TRUST CO.

68 A.D.2d 811 (1979)

Williamston Pants Co., Inc., et al., Respondents, v. Bankers Trust Company, Defendant-Appellant and Third-Party Plaintiff-Appellant. Clarence Rainess & Co. et al., Third-Party Defendants-Respondents. (And Another Action.)

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

March 6, 1979

Plaintiffs herein essentially allege that defendant in failing to extend financial accommodations to Braten Apparel Corporation and failing to pay checks drawn by Braten and payable to plaintiffs, damages the plaintiffs. Defendant admits its failure to pay the checks and asserted counterclaims based upon a security interest in accounts and contracts owned by Braten. Bankers also asserted a third-party complaint against Braten's accountants...

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