Legal Opinion
First Illinois Bank & Trust, an Illinois Banking Corporation v. Midwest Bank & Trust Company, an Illinois Banking Corporation
Court of Appeals for the First Circuit
Decided September 20, 1994No. 93-3251PublishedCited by 5 opinions
1Opinion of the Court
CUMMINGS, Circuit Judge.
In April 1992 plaintiff First Illinois Bank & Trust (“First Illinois”) filed an amended complaint against Midwest Bank & Trust Company (“Midwest”) complaining that Midwest returned a $64,294.27 check unpaid and negligently failed to advise First Illinois that the check was NSF (Not Sufficient Funds). First Illinois claimed Midwest violated its duty under Regulation CC (12 CFR part 229) to give a reason for returning a check unpaid. 12 CFR §§ 229.30(d), 229.33(b)(8). Pursuant to 12 CFR § 229.38(a), First Illinois sought to recover damages resulting from Midwest’s…
2Cited by5 opinions
- Bank One Chicago, N. A. v. Midwest Bank & Trust Co.Supreme Court of the United States · 1996
- FIRST NAT. BANK IN HARVEY v. Colonial BankDistrict Court, N.D. Illinois · 1995
- Essex Construction Corp. v. Industrial Bank of Washington, Inc.District Court, D. Maryland · 1995
- Nbd Bank, an Illinois Banking Corporation, and Cross-Appellee v. Standard Bank and Trust Co., an Illinois Banking Corporation, AndCourt of Appeals for the Seventh Circuit · 1996
- Bank One Chicago, N. A. v. Midwest Bank & Trust Co.Supreme Court of the United States · 1996