Legal Opinion

First Dakota National Bank v. St. Paul Fire & Marine Insurance

Court of Appeals for the Eighth Circuit

Decided July 14, 1993No. Nos. 91-3020, 91-3034PublishedCited by 28 opinions

1Opinion of the Court

HANSEN, Circuit Judge.

This is a banker’s bond case. First Dakota National Bank (First Dakota), after buying the failed American State Bank (American Bank), sued St. Paul Fire & Marine Insurance Company (St. Paul) for losses allegedly caused by dishonest former employees of American Bank and sought recovery under two fidelity bonds issued to American Bank by St. Paul. The case went to trial and the jury found in favor of First Dakota on 12 of its 14 claims against St. Paul. The district court granted St. Paul’s posttrial motion for judgment as a matter of law on four of the 12 claims that the…

2Cases cited21 opinions

  1. Sandstrom v. MontanaSupreme Court of the United States · 1979
  2. Francis v. FranklinSupreme Court of the United States · 1985
  3. Melvin White v. B. Jeffery Pence Natalee Schay, United States of America v. B. Jeffery Pence Natalee SchayCourt of Appeals for the Eighth Circuit · 1992
  4. Donald H. FRIEZE, Appellee, v BOATMEN’S BANK OF BELTON, AppellantCourt of Appeals for the Eighth Circuit · 1991
  5. 45 Fair empl.prac.cas. 169, 44 Empl. Prac. Dec. P 37,492, 45 Empl. Prac. Dec. P 37,649, 2 indiv.empl.rts.cas. 1175 Jimmie C. Washburn, Jr. v. Kansas City Life Insurance Co.Court of Appeals for the Eighth Circuit · 1987

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3Cited by28 opinions

  1. Resolution Trust Corporation v. Fidelity And Deposit Company Of MarylandCourt of Appeals for the Third Circuit · 2000
  2. First Dakota National Bank v. St. Paul Fire & Marine Insurance CompanyCourt of Appeals for the First Circuit · 1993
  3. Federal Deposit Insurance v. DensonDistrict Court, S.D. Mississippi · 2012
  4. James Larson v. Farmers Cooperative Elevator of Buffalo Center, Iowa, an Iowa Cooperative, Farmers Coop Co., Ledyard, Iowa, an Iowa Cooperative, James Larson v. Farmers Cooperative Elevator of Buffalo Center, Iowa, an Iowa Cooperative, Farmers Coop Co., Ledyard, Iowa, an Iowa CooperativeCourt of Appeals for the Eighth Circuit · 2000
  5. Renasant Bank v. St. Paul Mercury Insurance Co.District Court, N.D. Mississippi · 2017

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