Delbrueck & Co. v. Manufacturers Hanover Trust Company

How courts have described this case

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

• finding that, analogous to the “finality of checks once ‘accepted,’ ” an electronic transfer, once accepted, was irrevocable
• applying common law but partially justifying holding by reference to U.C.C. sections 3-410, 4-303
• “The practices associated with banking transactions can be conclusive evidence of the legal effect of those transactions”
• wire transfers have been treated as analogous to checks in determining whether a transfer is irrevocable
• assignment could be manifested by conduct and, in part, exists where assignor instructs his obligor to pay the specific fund owing to him to the assignee
• “Thus, where an agent has a specific contract which is vitiated by the principal’s bankruptcy, the agency is terminated.”

Source: CourtListener parenthetical corpus (CC0).