Legal Opinion
French American Banking Corp. v. Flota Mercante Grancolombiana, S.A.
District Court, S.D. New York
Decided September 10, 1990No. 83 Civ. 5095 (KTD)PublishedCited by 13 opinions
1Opinion of the Court
OPINION
KEVIN THOMAS DUFFY, District Judge:
Plaintiff French American Banking Corporation (“FABC”) brings this diversity action seeking to recover approximately $4 million, plus accrued interest, from defendant Fireman’s Fund Insurance Company (“Fireman’s”) under a Banker’s Blanket Bond (“Bond”) issued by Fireman’s to FABC. FABC alleges that it incurred that loss as a result of loan made to Colombian Coffee Company (“CCC”) on the faith of certain ocean bills of lading for coffee shipments issued by Flota Mercante Granco-lombiana, S.A. (“Flota”) 1 and pledged to FABC in connection with amounts…
2Cases cited24 opinions
- Schering Corporation, Plaintiff-Appellee-Cross-Appellant v. Home Insurance Company, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1983
- National City Bank of Minneapolis v. St. Paul Fire & Marine Insurance Co.Supreme Court of Minnesota · 1989
- People v. LevitanNew York Court of Appeals · 1980
- The Exchange National Bank of Olean v. Insurance Company of North AmericaCourt of Appeals for the Second Circuit · 1965
- People v. JohnsonNew York Court of Appeals · 1984
19 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Jefferson Bank v. Progressive Casualty Insurance CompanyCourt of Appeals for the Third Circuit · 1992
- Resolution Trust Corporation, as Conservator for Greatamerican Federal Savings and Loan Association v. Aetna Casualty & Surety Company of IllinoisCourt of Appeals for the Seventh Circuit · 1994
- Beach Community Bank v. St. Paul Mercury InsuranceCourt of Appeals for the Eleventh Circuit · 2011
- French American Banking Corp. v. Flota Mercante Grancolombiana, S.A., and Fireman's Fund Insurance Co., Fireman's Fund Insurance Co.Court of Appeals for the Second Circuit · 1991
- KW Bancshares, Inc. v. Syndicates of Underwriters at Lloyd's, London Subscribing Policy G538944District Court, W.D. Tennessee · 1997
8 more not listed; retrieve them via the Exa API.