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L.J. WEST DIAMONDS, INC. v. CORONET JEWELRY, INC.

156 A.D.2d 180 (1989)

L.J. West Diamonds, Inc., Respondent, v. Coronet Jewelry, Inc., Appellant, et al., Defendants

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

December 7, 1989

Plaintiff is in the business of selling diamonds on consignment to wholesalers and retailers and, in the regular course of its business, delivers diamonds along with a written memorandum specifically providing that plaintiff retains title to the merchandise at all times. Beginning in 1978, the plaintiff delivered a large quantity of diamonds on consignment to the defendant TB&F, Inc. In 1987 and 1988, the defendant First Women's National Bank (FWB) made loans on a regular...

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