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GEN. ELEC. CAPITAL CORP. v. UNITED STATES TRUST CO. OF NEW YORK

238 A.D.2d 144 (1997)

655 N.Y.S.2d 505

General Electric Capital Corporation, Appellant, v. United States Trust Company of New York, Respondent

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

April 3, 1997

Viewing plaintiff's proof in the most favorable light (see, Lehrer McGovern Bovis v New York Yankees, 207 A.D.2d 256, 258), its claim for negligent misrepresentation was properly dismissed. While the indenture trustee was indeed a fiduciary with respect to the noteholders (see, Beck v Manufacturers Hanover Trust Co., 218 A.D.2d 1...

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