Legal Opinion
Signer v. First National Bank & Trust Co. of Covington
Court of Appeals for the Sixth Circuit
Decided December 17, 1971No. Nos. 71-1337, 71-1338PublishedCited by 2 opinions
1Opinion of the Court
BROOKS, Circuit Judge.
This is a diversity action for damages claimed to have resulted from the wrongful disposition of collateral pledged by plaintiff-appellant Burton R. Signer, Trustee for Jerry Salomine, to defendant-appellee First National Bank and Trust Company of Covington, Kentucky. The factual circumstances giving rise to this appeal are complex and require recitation in some detail.
On July 8, 1966, Salomine sold a boat harbor and business known as the TriCity Yacht Club to a Richard E. Arnold. To pay the purchase price, Arnold borrowed $52,000 from the Bank (this was an installment…
2Cases cited7 opinions
- General Accident Fire & Life Assurance Corp. v. JuddCourt of Appeals of Kentucky (pre-1976) · 1966
- Dalton v. MullinsCourt of Appeals of Kentucky (pre-1976) · 1956
- Ashland Dry Goods Co. v. WagesCourt of Appeals of Kentucky (pre-1976) · 1946
- Fort Knox National Bank v. GustafsonCourt of Appeals of Kentucky (pre-1976) · 1964
- Curtis v. CampbellCourt of Appeals of Kentucky (pre-1976) · 1960
2 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Signer v. The First National Bank & Trust Company Of CovingtonCourt of Appeals for the First Circuit · 1972
- Central Virginia Bank v. BellChesterfield County Circuit Court · 1989