FORUM INS. CO. v. WORCESTER COUNTY INST. FOR SAV.


219 A.D.2d 492 (1995)

631 N.Y.S.2d 165

Forum Insurance Company, Respondent-Appellant, v. Worcester County Institution for Savings, Appellant-Respondent, et al., Defendants

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

September 14, 1995


Forum Insurance Company ("Forum") commenced this action to recover monies it paid out upon its bond of individual limited partner notes payable to Trident Telecommunications Systems I, Limited Partnership ("Trident"), and pledged by Trident to WCIS as security for a loan. When, as here, the findings in a nonjury trial are based largely on uncontradicted documentary evidence, this Court is "equally empowered [as the trial court] to draw inferences and make findings of fact...

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