First Union National Bank v. New York Life Insurance & Annuity Corp.
District Court, D. Maryland
1Opinion of the Court
MEMORANDUM OPINION
CHASANOW, District Judge.
Plaintiff, First Union National Bank (“First Union”) 1 has filed a summary judgment motion in its conversion and breach of contract action against New York Life Insurance and Annuity Corporation (“New York Life”). New York Life has filed a summary judgment motion against the Third Party Defendant, Horace G. Baldwin, in the event that the company is found liable to First Union. The issues are fully briefed, and no hearing is deemed necessary. Local Rule 105.6. For the following reasons, these motions shall be denied.
I. Background
On July 17, 1997,…
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