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BANKERS TRUST CO. v. CERRATO, SWEENEY, COHN, STAHL & VACCARO

187 A.D.2d 384 (1992)

Bankers Trust Company, Respondent-Appellant, v. Cerrato, Sweeney, Cohn, Stahl & Vaccaro, Appellant-Respondent, et al., Defendants

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

November 19, 1992

Plaintiff brought this action to recover damages allegedly caused by defendants' participation in the concealment, misappropriation and diversion of money assigned to it by letter agreement and assignment of the proceeds of a lawsuit being handled by the Cerrato, Sweeney law firm on behalf of their client, defendant Bernard. Defendant LoCascio negotiated the terms of the assignment. Plaintiff was never informed that the action was...

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