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KEY BANK OF NEW YORK v. GROSSI

227 A.D.2d 841 (1996)

642 N.Y.S.2d 403

Key Bank of New York, Respondent, v. Francis H. Grossi et al., Appellants

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

May 16, 1996

Casey, J.

Plaintiff commenced this action to recover damages from the two defendants, jointly and severally, based upon allegations that defendants converted the proceeds of the auction sales of three cars and a boat, which plaintiff had previously repossessed in connection with the enforcement of its security interests. After issue was joined, the parties stipulated to the facts and cross-moved for judgment...

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