YACOB v. STERN


96 A.D.2d 491 (1983)

Yacob Yacob, Plaintiff, v. Joel S. Stern et al., Defendants Joel S. Stern et al., Third-Party Plaintiffs-Appellants, v. Frederick E.M. Ballon et al., Third-Party Defendants-Respondents, et al., Third-Party Defendant

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

July 21, 1983


Unanimously modified, on the law, to the extent of striking the second and third decretal paragraphs thereof and substituting therefor a decretal paragraph dismissing the third-party complaint against defendant Ballon, Stoll and Itzler on the ground that it fails to set forth a cause of action, and, as so modified, affirmed, without costs.

This matter arises out of the collapse of the American Bank and Trust Company (Bank) and its parent AB & T Corporation. Plaintiff...

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