Legal Opinion
Girard Bank v. Mount Holly State Bank
District Court, D. New Jersey
Decided July 31, 1979No. Civ. A. 78-539PublishedCited by 25 opinions
1Opinion of the Court
OPINION
BROTMAN, District Judge.
This case presents intriguing questions concerning commercial paper transactions and Articles 3 and 4 of the Uniform Commercial Code. In particular, the court must determine to what extent the negligence of the drawer of a check affects the liability of a depository bank for a forged indorsement under the U.C.C. and common law. The drawee bank has sued the depository bank on its presentment warranty and now seeks summary judgment, while the depository bank defends by asserting the drawer’s negligence. The depository bank has also sued the drawer directly in a…
2Cases cited36 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Sun'n Sand, Inc. v. United California BankCalifornia Supreme Court · 1978
- NJ Builders, Owners and Managers Association v. BlairSupreme Court of New Jersey · 1972
- Mellk v. SarahsonSupreme Court of New Jersey · 1967
- Stone & Webster Engineering Corp. v. First National Bank & Trust Co.Massachusetts Supreme Judicial Court · 1962
31 more not listed; retrieve them via the Exa API.
3Cited by25 opinions
- McAdam v. Dean Witter Reynolds, Inc.Court of Appeals for the Third Circuit · 1990
- City Check Cashing, Inc. v. Manufacturers Hanover Trust Co.Supreme Court of New Jersey · 2001
- Brighton, Inc. v. Colonial First Nat'l BankNew Jersey Superior Court Appellate Division · 1980
- First Atlantic Federal Credit Union v. PerezNew Jersey Superior Court Appellate Division · 2007
- General Accident Insurance v. Fidelity & Deposit Co.District Court, E.D. Pennsylvania · 1984
20 more not listed; retrieve them via the Exa API.