Legal Opinion
Mbia Insurance Corporation Wells Fargo Bank Minnesota, N.A., as Trustee of Sfc Grantor Trust, Series 2000-1, Sfc Grantor Trust, Series
Court of Appeals for the Third Circuit
Decided October 3, 2005No. 204PublishedCited by 74 opinions
1Opinion of the Court
OPINION OF THE COURT
ALITO, Circuit Judge.
In these consolidated appeals, we are called upon to construe a series of contracts. Appellant Royal Indemnity Company (“Royal”) agreed in these contracts to insure the repayment of principal and interest on several hundred million dollars of student loans. The named beneficiaries of the policies, Wells Fargo Bank Minnesota, N.A. (‘Wells Fargo”) and Wilmington Trust of Pennsylvania (Wilmington Trust”), 1 sued after the loans went into default and Royal failed to pay the claims they submitted. Royal defended on the ground that the lender on the…
2Cases cited32 opinions
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
- Langley v. Federal Deposit InsuranceSupreme Court of the United States · 1987
- Boyle v. County Of Allegheny PennsylvaniaCourt of Appeals for the Third Circuit · 1998
- Rhone-Poulenc Basic Chemicals Co. v. American Motorists Insurance Co.Supreme Court of Delaware · 1992
- Mellon Bank, N.A. v. Aetna Business Credit, Inc.Court of Appeals for the Third Circuit · 1980
27 more not listed; retrieve them via the Exa API.
3Cited by74 opinions
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- Blankenship v. USA Truck, Inc.Court of Appeals for the Eighth Circuit · 2010
- Joan Kedra v. Richard SchroeterCourt of Appeals for the Third Circuit · 2017
- Heiko Goldenstein v. Repossessors Inc.Court of Appeals for the Third Circuit · 2016
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