Legal Opinion
Rhode Island Hospital Trust National Bank v. The Ohio Casualty Insurance Company
Court of Appeals for the First Circuit
Decided April 25, 1986No. 85-1876PublishedCited by 43 opinions
1Opinion of the Court
COFFIN, Circuit Judge.
This case involves the complex world of suretyship law and its impact on the rights of two financial institutions who are parties here because of their relationships with the buyer and seller of wood burning stoves. The district court found that appellant, Ohio Casualty Insurance Company (Ohio Casualty), was required to pay to appellee, Rhode Island Hospital Trust National Bank (the Bank), $325,000 on a bond that Ohio Casualty had issued on behalf of the stove buyer, Franklin America. The bond originally had been issued to the seller of the wood stoves, Franklin Cast…
2Cases cited20 opinions
- Federated Department Stores, Inc. v. MoitieSupreme Court of the United States · 1981
- Hart Steel Co. v. Railroad Supply Co.Supreme Court of the United States · 1917
- Morris v. JonesSupreme Court of the United States · 1947
- Barclays Bank D. C. O. v. Mercantile National BankCourt of Appeals for the Fifth Circuit · 1973
- Bank of North Carolina, N.A. v. The Rock Island Bank, an Illinois CorporationCourt of Appeals for the Seventh Circuit · 1978
15 more not listed; retrieve them via the Exa API.
3Cited by43 opinions
- Cape Ann Investors v. LeponeCourt of Appeals for the First Circuit · 2002
- Wallace Hardware Company, Inc., Plaintiff-Appellant/cross-Appellee v. Bill Abrams, Defendant-AppelleeCourt of Appeals for the Sixth Circuit · 2000
- Michael Franco v. Selective Insurance Company, New Jersey Manufacturers Insurance CompanyCourt of Appeals for the First Circuit · 1999
- MacKenzie v. Flagstar Bank, FSBCourt of Appeals for the First Circuit · 2013
- Rixson Merle Perry v. Globe Auto Recycling, Inc., William J. Zuccaro, William M. Zuccaro, Robert Zuccaro, and Daniel Carmin TarryCourt of Appeals for the Seventh Circuit · 2000
38 more not listed; retrieve them via the Exa API.