Harry N. Ray, Ltd. v. First National Bank of Pine City
Court of Appeals of Minnesota
1Opinion of the Court
OPINION
FOLEY, Judge.
This case is before us for the second time. The first appeal involved a third-party action by First National Bank of Pine City (the Bank) against Sheldon Nascene for reimbursement of legal fees incurred by Harry N. Ray, Ltd. in collection of defaulted loans Nascene had originally approved while he was president of the Bank.
In Harry N. Ray, Ltd. v. Nascene, 379 N.W.2d 249 (Minn.Ct.App.1986), we held that Nascene’s obligation to indemnify the Bank for fees incurred in collection of the second borrower’s loan was not supported by the evidence or findings of fact. Judgment for…
2Cases cited14 opinions
- Roberge v. Cambridge Cooperative Creamery Co.Supreme Court of Minnesota · 1954
- Phelps v. BensonSupreme Court of Minnesota · 1958
- Dale Ex Rel. Smith v. PushorSupreme Court of Minnesota · 1956
- Gracz v. AndersonSupreme Court of Minnesota · 1908
- Folk v. Home Mutual Insurance Co.Supreme Court of Minnesota · 1983
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3Cited by2 opinions
- LaBeau v. Commissioner of Public SafetyCourt of Appeals of Minnesota · 1987
- Robert W. Carlstrom Co. v. German Evangelical Lutheran St. Paul's Congregation of the Unaltered Augsburg Confession at JordanCourt of Appeals of Minnesota · 2003