Legal Opinion
United States Fidelity & Guaranty Co. v. United Penn Bank
Supreme Court of Pennsylvania
Decided April 24, 1987No. 1600PublishedCited by 19 opinions
1Opinion of the Court
WIEAND, Judge:
The dispute in this case is between United States Fidelity & Guaranty Company (USF & G), a corporate surety which was called upon to make good a contractor’s nonpayment of the purchase prices for certain materials and supplies, and the United Penn Bank, a lending institution which held a perfected security interest in the same goods. After Phoenix Industries, Inc. (Phoenix), the contractor, had defaulted in the repayment of its loan to the bank, both the bank and USF & G asserted claims against the contractor’s inventory. The trial court, in an interpleader proceeding, held that…
2Cases cited21 opinions
- Prairie State Bank v. United StatesSupreme Court of the United States · 1896
- Pearlman v. Reliance InsuranceSupreme Court of the United States · 1962
- The National Shawmut Bank of Boston v. New Amsterdam Casualty Co., Inc.Court of Appeals for the First Circuit · 1969
- Warren Tool Co. v. StephensonMichigan Court of Appeals · 1968
- In the Matter of Robert Charles Shelton, Edwin J. Gasaway, Trustee in Bankruptcy v. Raymond ErwinCourt of Appeals for the Eighth Circuit · 1973
16 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Chrysler Credit Corp. v. B.J.M., Jr., Inc.District Court, E.D. Pennsylvania · 1993
- Greater New York Mutual Insurance Company v. The North River Insurance Company Crum and Forster Holdings, Inc. Rodin Management Incorporated Crown Park Investors (d.c. Civil No. 94-Cv-05223). North River Insurance Company v. Greater New York Mutual Insurance Company (d.c. Civil No. 94-Cv-05554), Greater New York Mutual Insurance CompanyCourt of Appeals for the Third Circuit · 1996
- First Commonwealth Bank v. HellerSuperior Court of Pennsylvania · 2004
- In re Estate of DevoeSuperior Court of Pennsylvania · 2013
- Tudor Development Group, Inc. v. United States Fidelity & Guaranty Co.Court of Appeals for the Third Circuit · 1992
14 more not listed; retrieve them via the Exa API.