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CHEM. BANK v. ETTINGER

196 A.D.2d 711 (1993)

602 N.Y.S.2d 332

Chemical Bank, Appellant-Respondent, v. Robert J. Ettinger et al., Respondents-Appellants, et al., Defendant. (And a Third-Party Action.)

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

September 14, 1993

In December, 1983, defendant Robert J. Ettinger (hereafter "Ettinger") pledged a passbook account and certificate of deposit in the then total amount of $391,166.68 plus rollovers to secure loans and advances by plaintiff to Louby Associates, a New York partnership of which he is a general partner. Ettinger is also an officer of the corporate defendants and a general partner of the partnership defendants. Third-party defendant on...

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