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Bank's Opening of Box Leads to Trial on Missing Cash Claim

New York Law Journal

September 17, 2007

An elderly woman's claim that Wachovia Bank was liable for $75,000 allegedly lost when it authorized unsupervised locksmiths to break into her safety deposit box should proceed to trial, an acting New York Supreme Court justice has ruled. The bank's failure to check one of its computer databases to see if the box had been rented raises a triable issue of fact as to whether the bank committed "gross negligence," Justice Michael Stallman ruled last week.

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