DYE v. LINCOLN FIRST BANK OF ROCHESTER

Court of Appeals of the State of New York.

Dec 4, 1975

Judgment

CaseIQ

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MEMORANDUM.

Order affirmed, with costs, on the reasons set forth in the opinion of the Appellate Division and because the prior grant of summary judgment, the "procedural equivalent of a trial" (Falk v Goodman, 7 N.Y.2d 87, 91), is a binding final judgment on the merits which bars a subsequent action between the same parties for the same cause of action (Eidelberg v Zellermayer, 5 A.D.2d 658, 662-663, affd 6 N.Y.2d 815; see, also, Klein v Gruss Son, 18 A.D.2d 1085; Riley v Southern Transp. Co., 278 App. Div. 605; 6 Carmody-Wait, 2d, N Y Practice, § 39:39, p 492).

Chief Judge BREITEL and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and COOKE concur in memorandum.

Order affirmed.