Legal Opinion
Western Casualty & Surety Company v. Citizens Bank of Las Cruces and Bank of New Mexico
Court of Appeals for the Tenth Circuit
Decided April 26, 1982No. 80-1627PublishedCited by 24 opinions
1Opinion of the Court
McKAY, Circuit Judge.
Western Casualty and Surety Co. instituted this action in diversity against the Citizens Bank of Las Cruces and the Bank of New Mexico, alleging that these banks failed to comply with reasonable commercial banking practices and standards in the handling of public monies by accepting for payment a fraudulently procured and improperly indorsed warrant of the state of New Mexico in the amount of $395,000.00. The warrant in question was issued to a fictitious entity, the Greater Mesilla Valley Sanitation District, which had been created by two state employees to defraud the…
2Cases cited12 opinions
- Sun'n Sand, Inc. v. United California BankCalifornia Supreme Court · 1978
- Frank J. Prochaska, Cross-Appellee v. Francis H. Marcoux, Cross-AppellantCourt of Appeals for the Tenth Circuit · 1980
- Twellman v. Lindell Trust Co.Missouri Court of Appeals · 1976
- Brighton, Inc. v. Colonial First Nat'l BankNew Jersey Superior Court Appellate Division · 1980
- Perini Corp. v. First National BankCourt of Appeals for the Fifth Circuit · 1977
7 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- McAdam v. Dean Witter Reynolds, Inc.Court of Appeals for the Third Circuit · 1990
- Nydia Tavarez and Manny Tavarez, D/B/A La Nydia Grocery v. Michael O'MalleyCourt of Appeals for the Seventh Circuit · 1987
- British Caledonian Airways Limited v. First State Bank of Bedford, TexasCourt of Appeals for the First Circuit · 1987
- General Accident Insurance v. Fidelity & Deposit Co.District Court, E.D. Pennsylvania · 1984
- Consolidated Public Water Supply District No. C-1 v. Farmers BankMissouri Court of Appeals · 1985
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