Legal Opinion
Whitney National Bank of New Orleans v. Transamerica Insurance Company
Court of Appeals for the Third Circuit
Decided March 14, 1973No. 71-1987PublishedCited by 7 opinions
1Opinion of the Court
OPINION OF THE COURT
HASTIE, Circuit Judge.
A national banking corporation, domiciled and doing business in Louisiana, filed this action for breach of contract against a group of insurance companies, severally incorporated in states other than Louisiana, that had joined in insuring the bank against certain risks. Invoking diversity jurisdiction, the Louisiana plaintiff elected to sue in the District Court for the District of New Jersey.
The contract in question is a standard “Bankers Blanket Bond”. The bank suffered the loss in suit when a borrower defaulted and warehouse receipts that the bank…
2Cases cited8 opinions
- State Bank of Poplar Bluff v. Maryland Casualty CompanyCourt of Appeals for the Eighth Circuit · 1961
- The Exchange National Bank of Olean v. Insurance Company of North AmericaCourt of Appeals for the Second Circuit · 1965
- Fidelity Trust Company v. American Surety Company of New York and Hartford Accident and Indemnity CompanyCourt of Appeals for the Third Circuit · 1959
- Maryland Casualty Company v. State Bank & Trust CompanyCourt of Appeals for the Fifth Circuit · 1970
- The First National Bank of Memphis v. The Aetna Casualty and Surety CompanyCourt of Appeals for the First Circuit · 1962
3 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- National City Bank of Minneapolis v. St. Paul Fire & Marine Insurance Co.Supreme Court of Minnesota · 1989
- Liberty National Bank v. Aetna Life & Casualty Co.District Court, D. New Jersey · 1983
- French American Banking Corp. v. Flota Mercante Grancolombiana, S.A.District Court, S.D. New York · 1990
- Reliance Insurance v. Capital Bancshares, Inc./Capital BankDistrict Court, N.D. Texas · 1988
- National City Bank v. St. Paul Fire & Marine Insurance Co.Court of Appeals of Minnesota · 1989
2 more not listed; retrieve them via the Exa API.