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  5. 162 A.D.2d 160 (1990)
 

CHEM. BANK v. WILLIAM ISELIN & CO., INC.

162 A.D.2d 160 (1990)

Chemical Bank, Respondent-Appellant, v. William Iselin & Co., Inc., Appellant-Respondent, et al., Defendant

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

June 7, 1990

In this action commenced in 1986, plaintiff alleges, inter alia, that defendant's 1981-1982 fraudulent misrepresentations induced it to enter into a factoring relationship with TJK Sportswear Inc., a corporation controlled by Irwin Feiner, in order to create a source of funds by which Feiner and other of his corporations could repay amounts owed to defendant. Defendant's third affirmative defense alleged that by entering into a January 1983 restructuring agreement...

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