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Case 29-2

Case 29-2

Q What is Ramos' ethical responsibility in LEIBLING, P.C. v. MELLON PSFS (NJ) NATIONAL ASSOCIATION? Explain.

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In this case of, LEIBLING, P.C. v. MELLON PSFS (NJ) NATIONAL ASSOCIATION, The defendant argued that Mellon did perform under Good faith by simply honouring the check. Particularly, the defendant Ramo’s proclaimed that it cannot be held responsible for any kind of payment of the check just because of the fact that the oral stop payment order that was placed long time back did expire long time back (LEIBLING, P.C. v. MELLON PSFS (NJ) NATIONAL ASSOCIATION, 1998). Basically, the defendant asserted that if the plaintiff would have thought of ascertaining the fact that, the payment was actually not made on the basis of the check, he could then have had the liability over the check to reissue the stop payment order or may even take the decision to finally close down the account.