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SOVEREIGN REIGNS SUPREME

monarch_royalty_couple_king_queen_photo_nyreblog_com_.JPGRachel Aronowitz sued Sovereign Bank because she thought she hadn't been given full credit for a deposit.

Of the $2,605.14 listed on her receipt, Sovereign claimed $972.32--a sum Aronowitz supposedly remitted in cash--was never deposited.

While a deposit slip is usually an accurate record of a transaction, since there was no indication that a cash deposit had been made, and a witness for the bank testified that only checks had been tendered, both the Kings County Civil Court and the Appellate Term, Second Department, refused to hold the bank liable for the difference.

That was some slip-up.

banana_jump_gif_nyreblog_com_.GIFTo view a copy of the Appellate Term's decision, please use this link: Aronowitz v. Sovereign Bank

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