Case ID: ad2d_67/html/0842-01.html
Source: Caselaw Access Project
Author: {"author": "Kupferman, J. P., and Sandler, J.,", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

George T. Piercy, Appellant, v Citibank, N. A., Formerly First National City Bank, Respondent.
   — Judgment, Supreme Court, New York County, entered on July 6, 1978, affirmed on the opinion of H. Schwartz, J., at Special Term. Respondent shall recover of appellant $75 costs and disbursements of this appeal. Concur — Lane, Markewich and Silverman, JJ.

Kupferman, J. P., and Sandler, J.,

dissent in part in the following memorandum by Kupferman, J. P.: I dissent with respect to the third cause of action sounding in negligence and would deny the motion to dismiss the amended complaint with respect thereto. Inasmuch as the agreement involved was prepared by the defendant, it must be strictly construed against it. The absolution therein provided with respect to action or failure to take action has to do with the investments made or not made, but cannot be used to avoid liability with respect to the contention that there was no or little supervision. Mistakes of judgment are released, but failure even to exercise judgment does not come within such release.