Atlantic Line Construction, LLC v. Marstan Development Corp.
Opinion of the Court
On June 9, 2009, Argyle informed Marstan by e-mail that it would pay the third invoice, for $55,170, by a wire transfer of $20,170 — a transfer that Argyle undisputedly made — and a $35,000 reduction in the float balance. Marstan alleges that, before sending the e-mail, a representative of Argyle promised that Argyle would send the full $55,170 by wire later in the day and requested that Marstan execute and forward the affidavit and waiver in the interim. Marstan claims that this promise induced it to execute the affidavit and waiver. However, upon receiving the wire transfer and the e-mail instructing it to deduct the remaining $35,000 from the float balance, Marstan made no objection. Nor has it controverted the assertion that the float balance existed, or that more than sufficient funds remained in it to draw down the $35,000. Moreover, Marstan submitted no evidence that payment by this method was somehow insufficient, so as to raise the inference that it relied (a fraud claim requisite) on the alleged representation that Argyle would wire the full $55,170 (see Small v Lorillard Tobacco Co., 94 NY2d 43, 57 [1999]). Concur — Tom, J.E, Moskowitz, Richter, Abdus-Salaam and Román, JJ.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.