Commercial Credit Corporation, a Corporation v. Empire Trust Company, a Corporation

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• applying the defense under the same facts as Gordon, court held it “is inescapable that the forged endorsement was not the proximate cause of plaintiff’s loss”
• drawee paid check missing indorsement of one co-payee; drawer cannot recover from drawee where proceeds went to intended payee; drawer's loss was from souring of underlying transaction, not indorsement
• drawee paid check missing indorsement of one co-payee; drawer cannot recover from drawee where proceeds went to intended payee; drawer’s loss was from souring of underlying transaction, not indorsement
• bank may be relieved of liability by reason of money reaching intended person

Source: CourtListener parenthetical corpus (CC0).