BancInsure, Inc. v. U.K. Bancorporation Inc.
District Court, E.D. Kentucky
1Opinion of the Court
MEMORANDUM OPINION AND ORDER
DAVID L. BUNNING, District Judge.
Plaintiff Banclnsure, Inc. (“Banclnsure”), commenced this action against Defendant U.K. Bancorporation Inc./United Kentucky Bank of Pendleton County, Inc. (“UKB”), pursuant to the Declaratory Judgment Act, 28 U.S.C. § 2201, seeking a declaratory judgment that a Financial Institution Bond and Extended Professional Liability Policy issued to UKB are rescinded effective October 13, 2010 and rendered void ab initio, thereby precluding coverage for losses sustained as a result of UKB’s President/CEO’s embezzlement of funds totaling over…
2Cases cited20 opinions
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Edward E. ERCEGOVICH, Plaintiff-Appellant, v. GOODYEAR TIRE & RUBBER COMPANY, Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 1998
- Taft Broadcasting Company v. United StatesCourt of Appeals for the Sixth Circuit · 1991
- Vincent C. Wiley v. United States of America Citizens Federal Mortgage Corporation State of Ohio Franklin County Treasurer and Houng ThaiCourt of Appeals for the Sixth Circuit · 1994
- Sigler v. American Honda Motor Co.Court of Appeals for the Sixth Circuit · 2008
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3Cited by16 opinions
- Germain v. FicarraCourt of Appeals for the Second Circuit · 2016
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- Muncy v. Intercloud Systems, Inc.District Court, E.D. Kentucky · 2015
- National Credit Union Administration Board v. CUMIS Insurance Society, Inc.District Court, D. Minnesota · 2017
- Dublin Eye Associates, P.C. v. Massachusetts Mutual Life InsuranceDistrict Court, E.D. Kentucky · 2013
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