Aetna Casualty & Surety Co. v. Graves
District Court, W.D. Louisiana
1Opinion of the Court
DAWKINS, Senior District Judge:
RULING
Aetna Casualty & Surety Company (hereinafter plaintiff or Aetna) as subrogee of the Federal Deposit Insurance Corporation (FDIC) and Delta Security Bank & Trust Company of Ferriday, Louisiana, here sues numerous defendants to recover payment of a claim by FDIC on a banker’s blanket bond insuring Delta for losses arising out of employee theft.
In January, 1973, an audit by FDIC and the Commissioner of Financial Institutions of the State of Louisiana revealed theft of a most substantial amount of funds by James W. Graves, the Bank’s cashier and executive…
2Cases cited9 opinions
- Serio v. American Brewing Co.Supreme Court of Louisiana · 1917
- First Nat. Bank v. GibertSupreme Court of Louisiana · 1909
- Succession of DelesdernierLouisiana Court of Appeal · 1966
- Nelson v. WalkerSupreme Court of Louisiana · 1967
- Federal Ins. Co. v. C & W Transfer & Storage Co., Inc.Louisiana Court of Appeal · 1973
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3Cited by2 opinions
- Harper v. Fidelity & Guaranty Life Insurance Co.Wyoming Supreme Court · 2010
- SEAGO, PATRICK ETC. v. State Farm Mut.Louisiana Court of Appeal · 1988