Legal Opinion
David K. Richards v. Platte Valley Bank, H. Ray Christman and Attorneys' Title Guaranty Fund, Inc.
Court of Appeals for the Tenth Circuit
Decided February 14, 1989No. 85-2665PublishedCited by 13 opinions
1Opinion of the Court
BRORBY, Circuit Judge.
Plaintiff Richards brought this action against Platte Valley Bank (Bank) for breach of fiduciary duty. Richards sought to recover $430,000 he had placed in escrow with Centennial Escrow Services, Inc. (Centennial). Marshall, the president of Centennial, placed the funds in Centennial’s trust account at Platte Valley Bank and then wire transferred the money to himself rather than Richards. Richards alleged the Bank had notice of the circumstances of Marshall’s withdrawal, which would have led a reasonable person to inquire whether Marshall was committing a breach of…
2Cases cited27 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Aspen Skiing Co. v. Aspen Highlands Skiing Corp.Supreme Court of the United States · 1985
- Bonded Financial Services, Inc., Debtor-Appellant v. European American BankCourt of Appeals for the Seventh Circuit · 1988
- Aspen Highlands Skiing Corp. v. Aspen Skiing Co.Court of Appeals for the Tenth Circuit · 1984
- Daitom, Inc. v. Pennwalt CorporationCourt of Appeals for the Tenth Circuit · 1984
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3Cited by13 opinions
- State v. WarnerOhio Supreme Court · 1990
- In Re M & L Business Machine Company, Inc.Court of Appeals for the Tenth Circuit · 1996
- David K. Richards v. Attorneys' Title Guaranty Fund, Inc., H. Ray Christman and Platte Valley BankCourt of Appeals for the Tenth Circuit · 1989
- Jobin v. McKayCourt of Appeals for the Tenth Circuit · 1996
- Rinehart v. Bank One, Columbus, N.A.Ohio Court of Appeals · 1998
8 more not listed; retrieve them via the Exa API.