Bank of America NT & SA v. David W. Hubert, P.C.

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Madsen, J.

Bank of America challenges the Court of Appeals decision reversing the trial court’s summary judgment in its favor. The issues are (1) whether Key Bank or Sterling Savings Bank is the payor bank under RCW 62A.4-105; (2) whether failure by a payor bank to dishonor an NSF (not sufficent funds) check under the “midnight deadline” rule renders a collecting bank accountable; and (3) whether David W. Hubert, RC. (Hubert P.C.), may be liable for negligent supervision where a paralegal managing the Interest on Lawyers Trust Account (IOLTA account) engaged in a check-kiting scheme. We…