GRAPHIC SCANNING v. CITIBANK


116 A.D.2d 22 (1986)

Graphic Scanning Corp., Appellant, v. Citibank, N. A., Respondent

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

March 11, 1986


Attorney(s) appearing for the Case

Peter A. Jaffe of counsel (Jaffe & Asher, attorneys), for appellant.

Stuart D. Sender of counsel (Danforth Newcomb with him on the brief; Shearman & Sterling, attorneys), for respondent.

KUPFERMAN, J. P., KASSAL and ELLERIN, JJ., concur.


SULLIVAN, J.

Pursuant to written agreement plaintiff agreed, inter alia, to furnish Citibank with a computerized message processing and delivery system for a period of five years commencing September 1, 1976. Citibank was to pay plaintiff under a fixed formula and, in addition, reimburse it for the system development costs by payment of an incremental message transaction charge. Plaintiff's wholly owned...

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