Case ID: ny-2d_56/html/0755-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

I.J.S. Fabrics, Inc., Appellant, v Dan River, Inc., Respondent.
    Submitted April 1, 1982;
    decided May 13, 1982
    
      APPEARANCES OF COUNSEL
    
      Martin W. Fogel for appellant.
    
      Donald L. Kreindler and Jeffrey S. Kaplan for respondent.
   OPINION OF THE COURT

Memorandum.

The order should be affirmed, with costs, for reasons stated in the memorandum at the Appellate Division (81 AD2d 525). We but add that, under the circumstances of this case, once the parties had agreed to the deletion of the warranty clause and the appellant on that basis had accepted respondent’s sales note, whether the respondent still retained and thereafter exercised its right to accept the sales note at its home office would be a question for the arbitrator(s) (cf. Matter of Prime [Jonas], 38 NY2d 570; Matter of Weinrott [Carp], 32 NY2d 190).

Chief Judge Cooke and Judges Jasen, Gabrielli, Jones, Wachtler, Fuchsberg and Meyer concur.

Order affirmed, with costs, in a memorandum.