STRATEGIC TRADING LLC v. DEUTSCHE BANK SECURITIES, INC.

5723. 150076/16.

158 A.D.3d 521 (2018)

68 N.Y.S.3d 717

2018 NY Slip Op 01132

STRATEGIC TRADING LLC et al., Appellants, v. DEUTSCHE BANK SECURITIES, INC., Respondent.

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

Decided February 15, 2018.


Supreme Court properly determined that this action to obtain payment on two 20-year old checks is untimely under Maryland Code Annotated, Commercial Law § 3-118 (c). We reject plaintiffs' argument that the UCC does not apply to this matter, which seeks enforcement of negotiable instruments (see Md Code Ann, Com Law § 3-102 [a]). Plaintiffs' arguments center on the inapplicability of UCC article 2, Sales, but neither...

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