Legal Opinion
Bill Childs v. Federal Reserve Bank
Court of Appeals for the Fifth Circuit
Decided November 18, 1983No. 82-1598PublishedCited by 11 opinions
1Per curiam
At issue in this appeal is the construction and effect of 12 C.F.R. § 210 et seq. (“Regulation J”). We are asked to decide whether the regulation affords immunity to Federal Reserve Banks from liability to the owner of a check that the bank has negligently handled in the collection process. The district court, in dismissing Childs’s complaint of negligence against the Federal Reserve Bank of Dallas, held that a Federal Reserve Bank is liable only to its sender bank for negligence in collecting a check. We affirm.
The facts underlying this dispute are not contested. Appellant Childs placed a…
2Cases cited8 opinions
- Panama Refining Co. v. RyanSupreme Court of the United States · 1935
- Citizens First National Bank of Tyler v. Cinco Exploration Co.Texas Supreme Court · 1976
- Edwin C. Covington v. Aubrey Cole, Individually and in His Official Capacity as Sheriff of Jaspercounty, TexasCourt of Appeals for the Fifth Circuit · 1976
- Bryan v. Citizens National Bank in AbileneTexas Supreme Court · 1982
- Pacific Products, Inc. v. Great Western Plywood, Ltd.Court of Appeals of Texas · 1975
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3Cited by11 opinions
- Manufacturas International, Ltda. v. Manufacturers Hanover Trust Co.District Court, E.D. New York · 1992
- Equitable Life Assurance Society of the United States v. OkeyCourt of Appeals for the Fourth Circuit · 1987
- Lowe v. Viewpoint BankDistrict Court, N.D. Texas · 2013
- Berthot v. Security Pacific BankCourt of Appeals of Arizona · 1991
- Advance Dental Care, Inc. v. Suntrust BankDistrict Court, D. Maryland · 2011
6 more not listed; retrieve them via the Exa API.