Legal Opinion
First State Bank of Monticello v. Ohio Casualty Insurance
Court of Appeals for the Seventh Circuit
Decided February 5, 2009No. 06-3685, 06-3794PublishedCited by 62 opinions
1Opinion of the Court
SYKES, Circuit Judge.
This insurance-coverage dispute arises from a fraudulent scheme perpetrated against First State Bank of Monticello causing a $307,000 loss. James Stilwell repeatedly exchanged bad checks for the bank’s money orders — instruments backed by the resources of the bank and as good as cash. The bank filed a claim for the loss with its insurer, Ohio Casualty Insurance Company, under a Standard Form No. 24 Financial Institution Bond. Ohio Casualty denied the claim and this lawsuit followed. The district court held the loss was covered and granted summary judgment in favor of…
2Cases cited23 opinions
- Palsgraf v. Long Island R.R. Co.New York Court of Appeals · 1928
- Osterneck v. Ernst & WhinneySupreme Court of the United States · 1989
- Parks Real Estate Purchasing Group v. St. Paul Fire And Marine Insurance CompanyCourt of Appeals for the Second Circuit · 2006
- Bird v. St. Paul Fire & Marine InsuranceNew York Court of Appeals · 1918
- Brian Uphoff and David Damon, Individually and on Behalf of a Class of Employees v. Elegant Bath, Ltd., Chuck Does It All, Inc., and Charles L. CrosbyCourt of Appeals for the Seventh Circuit · 1999
18 more not listed; retrieve them via the Exa API.
3Cited by62 opinions
- Miller v. Safeco Insurance Co. of AmericaCourt of Appeals for the Seventh Circuit · 2012
- United States v. Great American InsuranceCourt of Appeals for the Federal Circuit · 2013
- Retail Ventures, Inc. v. National Union Fire InsuranceCourt of Appeals for the Sixth Circuit · 2012
- CONTINENTAL TRANSFERT TECHNIQUE LIMITED, Plaintiff, v. FEDERAL GOVERNMENT OF NIGERIA, Et Al., DefendantsDistrict Court, District of Columbia · 2012
- Smart Marketing Group Inc. v. Publications International Ltd.Court of Appeals for the Seventh Circuit · 2010
57 more not listed; retrieve them via the Exa API.