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ABRAHAM BRAWER et al., Appellants, v. HAROLD E. JOHNSON et al., Respondents.

Ordered that the order is affirmed insofar as appealed from, with one bill costs payable to the respondents appearing separately and filing separate briefs.

Under the circumstances of this case, the Supreme Court properly dismissed all causes of action interposed in the complaint based on fraud, misrepresentation, and breach of fiduciary duties. In essence, these causes of action constituted a collateral attack on the bank's conversion plan which was approved by the New York State Superintendent of Banks and, as a result, they were time barred for failure to timely raise them in a proceeding pursuant to CPLR article 78 ( see, Matter of East N. Y. Sav. Bank Depositors Litig., 145 Mise 2d 620, affd 162 AD2d 251; compare, Craft v Florida Fed. Sav. Loan Assn., 786 F2d 1546, 1553; Harr v Prudential Fed. Sav. Loan Assn., 557 F2d 751, cert denied 434 US 1033; Dougherty v Carver Fed. Sav. Bank, 909 F Supp 197; see also, Kadison v Long Is. Sav. Bank, 225 AD2d 523).

In view of this determination, we do not reach any issue concerning whether the plaintiffs properly pleaded damages in connection with their causes of action based on fraud and misrepresentation.

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ABRAHAM BRAWER v. JOHNSON
(Sep 30, 1996)