Legal Opinion
Cita Trust Company AG v. Fifth Third Bank
Court of Appeals for the Eleventh Circuit
Decided January 16, 2018No. 16-15580PublishedCited by 60 opinions
1Opinion of the Court
MARCUS, Circuit Judge:
In this commercial contract dispute, filed in federal court based on diversity jurisdiction, 28 U.S.C. § 1332, Cita Trust Company AG appeals the district court’s dismissal of its complaint against Fifth Third Bank. In 2011, Cita contracted for Fifth Third to take custody of around $428 million worth of bonds owned by Cita. In 2013, Fifth Third sent the bonds to a third party. And in 2015, Cita sued Fifth Third, claiming that this transfer was in breach of the custody contract, negligent, and in violation of Fifth Third’s fiduciary duty.
Fifth Third moved to dismiss Cita’s…
2Cases cited14 opinions
- Access Now, Inc. v. Southwest Airlines Co.Court of Appeals for the Eleventh Circuit · 2004
- Long v. SatzCourt of Appeals for the Eleventh Circuit · 1999
- Rosenberg v. GouldCourt of Appeals for the Eleventh Circuit · 2009
- O'Stricker v. Jim Walter Corp.Ohio Supreme Court · 1983
- Collins v. Click Camera & Video, Inc.Ohio Court of Appeals · 1993
9 more not listed; retrieve them via the Exa API.
3Cited by60 opinions
- William B. Newton v. Duke Energy Florida, LLCCourt of Appeals for the Eleventh Circuit · 2018
- Teresa Taylor v. Mentor Worldwide, LLCCourt of Appeals for the Eleventh Circuit · 2019
- Angela Ruckh v. Salus Rehabilitation, LLCCourt of Appeals for the Eleventh Circuit · 2020
- Worth Johnson v. Protective Life Insurance CompanyCourt of Appeals for the Eleventh Circuit · 2024
- Burton W. Wiand v. ATC Brokers Ltd.Court of Appeals for the Eleventh Circuit · 2024
55 more not listed; retrieve them via the Exa API.