Search Rutgers Law Library N.J. Court Opinions

1 NEW JERSEY STEEL CORPORATION V. RUPERT WARBURTON -- rank: 1000

... ordinary care in paying the checks, it could not invoke N.J.S.A. 12A:4-406 as a defense. In determining damages, the court held that ... Midlantic Bank bears the entire loss. 1. The provisions of N.J.S.A. 12A:4-406 are to be read in conjunction with one and other ... care in paying the subject checks, it could not invoke N.J.S.A. 12A:4-406 as a defense. In assessing damages, the trial court held ... in good faith and in accordance with . . . reasonable commercial standards." N.J.S.A. 12A:4-406 requires that the payor bank exercise "ordinary care . . . in paying ...

docket:	a-51-94
court:
decided:	1995-04-12
status:
citation:	139 N.J. 536
Document Size:	46696

2 ESTATE OF MICHAEL YAHATZ v. BANK OF AMERICA, N.A. -- rank: 863

... statement of account showing payment of items for the account." N.J.S.A. 12A:4-406(a). The customer is responsible to "exercise reasonable promptness in ... the statement" to determine if there are any unauthorized payments. N.J.S.A. 12A:4-406(c). "A customer owes [a] duty to his bank to ... Steel Corp. v. Warburton , 139 N.J. 536 , 547 (1995); N.J.S.A. 12A:4-406(c) (a customer must "promptly notify the bank of the ... precluded from challenging a transaction the customer alleges was unauthorized. N.J.S.A. 12A:4-406(d)(1); Estate of Paley v. Bank of America , 420 ... Div. 2011).  If a customer's claim is precluded under N.J.S.A. 12A:4-406(d), the customer may still "prove[] that the bank failed ... item and that the failure substantially contributed to [the] loss[]." N.J.S.A. 12A:4-406(e). Ordinary care under N.J.S.A. 12A: ...

docket:	a0099-14
court:	NJ Superior Court Appellate Division
decided:	2015-12-14
status:	unpublished
citation:
Document Size:	32332

3 LOR-MAR/TOTO, INC. v. 1st CONSTITUTION BANK -- rank: 739

... S.A. 12A:3-406, UCC Comment 1. Footnote: 4 N.J.S.A. 12A:4-406 bars recovery against a bank by a customer who fails ...

docket:	a6139-03
court:	njappellate
decided:	2005-04-18
status:	published
citation:	376 N.J. Super. 520
Document Size:	42747

4 Travelers Indemnity Co. v. Sobeyda Herrara Good, et al. -- rank: 721

... o.b. , 89 N.J. Super. 459 (App. Div. 1965).      N.J.S.A. 12A:4-406 provides that if a bank makes available to its customer ...

docket:	a0226-98
court:	njappellate
decided:	1999-10-04
status:	published
citation:	325 N.J. Super. 16
Document Size:	21045

5 ARLENE KEIL VS NATIONAL WESTMINISTER BANK INC. -- rank: 485

... c. 28, § 14. At the same time, the Legislature amended N.J.S.A. 12A:4-406 to read as follows:         a. A bank that sends or ... duties under subsection (c)." Uniform Commercial Code Comment 1 to N.J.S.A. 12A:4-406. 68 N.J. 179, 202 (1975); see also South Hamilton ...

docket:	a7299-96
court:	njappellate
decided:	1998-05-15
status:	published
citation:	311 N.J.Super. 473
Document Size:	38439