Legal Opinion
MSA Tubular Products, Inc. v. First Bank & Trust Co.
Court of Appeals for the Tenth Circuit
Decided March 20, 1989No. Nos. 87-1898, 87-2103PublishedCited by 3 opinions
1Opinion of the Court
JOHN P. MOORE, Circuit Judge.
This diversity case questions whether a bank in the state of Oklahoma can become liable for giving misleading information to an entity making an inquiry into the credit worthiness of one of the bank’s depositors. The Oklahoma Supreme Court has not decided this precise issue, but we believe it would answer the question in the affirmative. Oklahoma law provides that, when a person responds to a request for information, the party responding is under a duty to respond truthfully, even though that party had no duty to make disclosure in the first instance. Applying…
2Cases cited7 opinions
- Faulkenberry v. Kansas City Southern Railway Co.Supreme Court of Oklahoma · 1979
- Uptegraft v. Dome Petroleum Corp.Supreme Court of Oklahoma · 1988
- Berkline Corp. v. Bank of MississippiMississippi Supreme Court · 1984
- Deardorf v. RosenbuschSupreme Court of Oklahoma · 1949
- Ostlund Chemical Co. v. Norwest Bank of JamestownNorth Dakota Supreme Court · 1988
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3Cited by3 opinions
- First Wyoming Bank, N.A. v. Continental Insurance Co.Wyoming Supreme Court · 1993
- Msa Tubular Products, Incorporated v. First Bank And Trust CompanyCourt of Appeals for the First Circuit · 1989
- First Wyoming Bank, N.A. v. Continental Insurance Co.Wyoming Supreme Court · 1993