Legal Opinion
Glusband v. Fittin Cunningham & Lauzon, Inc.
Court of Appeals for the Second Circuit
Decided December 19, 1989No. 234, Docket 89-7503PublishedCited by 16 opinions
1Opinion of the Court
WINTER, Circuit Judge:
This is an action by plaintiff Steven J. Glusband, as receiver for Michael Star-buck, Inc. and Associates (“MSIA”), to recover losses suffered by MSIA under a bond insuring against the dishonest or fraudulent conduct of employees. Magistrate Francis tried the case before a jury that found appellant Insurance Company of North America (“INA”) liable under that bond for the losses. Because we conclude that the losses were, as a matter of law, not caused by dishonest or fraudulent conduct as defined in the bond and were trading losses explicitly excluded from coverage, we…
2Cases cited6 opinions
- Albert J. Schiff Associates, Inc. v. FlackNew York Court of Appeals · 1980
- Fed. Sec. L. Rep. P 97,164 Index Fund, Inc. v. Insurance Company of North AmericaCourt of Appeals for the Second Circuit · 1978
- Leucadia, Inc. v. Reliance Insurance Company, Defendant-Third-Party v. Edward H. Helmke, Third-PartyCourt of Appeals for the Second Circuit · 1989
- Roth v. Maryland Cas. Co.Court of Appeals for the Third Circuit · 1954
- RESEARCH EQUITY FUND, INC., Appellant, v. the INSURANCE COMPANY OF NORTH AMERICA, AppelleeCourt of Appeals for the Ninth Circuit · 1979
1 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- United National Insurance Co. v. Waterfront New York Realty CorporationCourt of Appeals for the Second Circuit · 1993
- Federal Deposit Insurance Corporation v. St. Paul Fire and Marine Insurance CompanyCourt of Appeals for the Sixth Circuit · 1991
- First National Bank of Louisville v. Loretta Lustig, Aetna Casualty and Surety Co., and Federal Insurance Co.Court of Appeals for the First Circuit · 1996
- Auto Lenders Acceptance Corp. v. Gentilini Ford, Inc.Supreme Court of New Jersey · 2004
- Resolution Trust Corporation v. Fidelity And Deposit Company Of MarylandCourt of Appeals for the Third Circuit · 2000
11 more not listed; retrieve them via the Exa API.