Legal Opinion

Travelers Casualty and Surety Company of America v. Paderta

District Court, N.D. Illinois

Decided March 29, 2018No. 1:10-cv-00406Unknown

1Opinion

UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION TRAVELERS CASUALTY AND SURETY CO. OF AMERICA, Plaintiff, No. 10 C 406 v. Judge Thomas M. Durkin JOHN P. PADERTA AND FIFTH THIRD BANK, Defendants. MEMORANDUM OPINION AND ORDER Travelers Casualty and Surety Co. of America seeks to have Fifth Third Bank pay it funds deposited in a Fifth Third account, which Fifth Third took to satisfy a loan it made to the account holder. Travelers alleges that it has standing because, pursuant to certain surety and indemnity agreements, it is the equitable subrogee of (a) the…

2Cases cited16 opinions

  1. Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
  2. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  3. Chicago Building Design, P.C. v. Mongolian House, Inc.Court of Appeals for the Seventh Circuit · 2014
  4. Cirrincione v. JohnsonIllinois Supreme Court · 1998
  5. Susan Ball v. Cherie KotterCourt of Appeals for the Seventh Circuit · 2013

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