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ALLIED PLC v. YOUNG MEN'S CHRISTIAN ASSN.

652967/2011.

36 Misc.3d 216 (2012)

944 N.Y.S.2d 828

2012 NY Slip Op 22114

ALLIED IRISH BANKS, PLC, Plaintiff, v. YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREENWICH, Defendant.

Supreme Court, New York County.

April 12, 2012.

Attorney(s) appearing for the Case

Windels Marx Lane & Mittendorf, LLP, New York City ( Mark A. Slama of counsel), for plaintiff. Whitman Breed Abbott & Morgan LLC, Greenwich, Connecticut ( John T. Shaban of counsel), for defendant.

OPINION OF THE COURT

BERNARD J. FRIED, J.

This is a motion for summary judgment in lieu of complaint under CPLR 3213 on an interest rate swap agreement entered into by Allied Irish Banks, PLC (AIB) and the Young Men's Christian Association of Greenwich (YMCA). AIB claims that the YMCA breached the swap agreement in a variety of ways, including by failing to pay its side of the swap agreement as payments became due, failing to disclose violations of certain...

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