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PETER MARINO, LTD. v. BANK OF NEW YORK

250 A.D.2d 485 (1998)

672 N.Y.S.2d 865

Peter Marino, Ltd., et al., Appellants, v. Bank of New York et al., Respondents

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

May 19, 1998

The record contains no denial by the plaintiffs that Mr. Weiss was an authorized signatory on plaintiffs' accounts. The claims against drawee Bank of New York for payment on forged drawer signatures were properly dismissed for failure to comply with the notification requirement set forth in the bank's rules and regulations (see, Retail Shoe Health Commn. v Manufacturers Hanover Trust Co., 160 A.D.2d...

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