We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
FINANCIAL SERVICES COMPANIES FIGHTING NEGLIGENCE CLAIMS.
- Authors
Smith, Kevin J.; Hudak, Nicole M.
- Abstract
The article discusses cases of negligence and breach of contract claims faced by financial services companies in New York. It notes that some plaintiffs assert negligence claims to avoid contractual provisions, making use of a legal doctrine that bars some negligence claims on pure economic loss. It highlights various cases including Dimsey v. Bank of New York., Morgan Stanley & Co. Inc. v. JPMorgan Chase Bank N.A., and Deutsche Bank Securities Inc. v. Rhodes.
- Subjects
NEW York (State); FINANCIAL services industry; NEGLIGENCE; BREACH of contract; BANK of New York Mellon Corp.; MORGAN Stanley &; Co. Inc.; DEUTSCHE Bank Securities Inc.; ACTIONS &; defenses (Law)
- Publication
Banking Law Journal, 2011, Vol 128, Issue 2, p123
- ISSN
0005-5506
- Publication type
Article