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NATWEST BANK v. GRAUBERD

228 A.D.2d 337 (1996)

644 N.Y.S.2d 246

Natwest Bank N.A., Respondent, v. Ira Grauberd et al., Appellants

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

June 20, 1996

Summary judgment should have been denied on the ground that triable issues of fact were raised as to the commercial reasonableness of plaintiff bank's conduct regarding the preservation of its collateral, which included assets of the Pan-American Diamond Corp. ("PAD") (see, Marine Midland Bank v CMR Indus., 159 A.D.2d 94). Contrary to plaintiff bank's assertion, a lender's obligation...

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