Legal Opinion
Fifth Third Bank of Toledo, N.A. Gerald B. Strasbourg v. Dieter Dziersk, National Bank of Royal Oak
Court of Appeals for the Third Circuit
Decided December 22, 1993No. 92-3821PublishedCited by 6 opinions
1Opinion of the Court
BOYCE F. MARTIN, Jr., Circuit Judge.
National Bank of Royal Oak appeals summary judgment in favor of Fifth Third Bank of Toledo. This diversity action originated when Fifth Third encountered problems with a $100,000 loan that it made to two individuals. Fifth Third .filed a claim seeking repayment from Royal Oak, where the debtors deposited the loan proceeds. Fifth Third claims that Royal Oak breached its warranty of good title, issued pursuant to Ohio Revised Code § 1304.13 (U.C.C. § 4-207), by accepting the deposit of a $100,000 cashier’s check even though the cashier’s check lacked the…
2Cases cited7 opinions
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- Perini Corp. v. First National BankCourt of Appeals for the Fifth Circuit · 1977
- Fireman's Fund Insurance v. Security Pacific National BankCalifornia Court of Appeal · 1978
- G.F.D. Enterprises, Inc. v. NyeOhio Supreme Court · 1988
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3Cited by6 opinions
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