Legal Opinion
Hemisphere National Bank v. District of Columbia Insurance Guaranty Ass'n
District of Columbia Court of Appeals
Decided June 10, 1980No. 79-169PublishedCited by 1 opinion
1Opinion of the Court
NEWMAN, Chief Judge:
This case involves the construction of the District of Columbia Insurance Guaranty Act (hereinafter “the Act”), D.C.Code 1978 Supp., §§ 35-1801 to -1817, a statute providing for the creation of the District of Columbia Insurance Guaranty Association (hereinafter DCIGA) to facilitate reimbursement of District of Columbia residents for covered insurance claims when the insurer becomes insolvent. The lower court, in interpreting the statute, held that despite a principal’s default on a loan and a surety company’s insolvency, appellant, Hemisphere National Bank, was not…
2Cases cited15 opinions
- City Stores Company v. Lerner Shops of District of Columbia, Inc.Court of Appeals for the D.C. Circuit · 1969
- City Nat. Bank of Huron, SD v. FullerCourt of Appeals for the Eighth Circuit · 1931
- The Ingalls Iron Works Company v. Fruehauf CorporationCourt of Appeals for the Fifth Circuit · 1975
- Fontainbleau Hotel Corp. And Babs, Inc. v. Florence Lustig Crossman, Florence Lustig Crossman v. Fontainbleau Hotel Corp. And Babs, Inc.Court of Appeals for the Fifth Circuit · 1963
- Capital National Bank of Tampa, Cross-Appellant v. J.A. Hutchinson, Jr., Cross-AppelleeCourt of Appeals for the Fifth Circuit · 1970
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3Cited by1 opinion
- Bashir v. MoayediDistrict of Columbia Court of Appeals · 1993