Alpine State Bank v. Ohio Casualty Insurance
Court of Appeals for the Seventh Circuit
1Opinion of the Court
RIPPLE, Circuit Judge.
A bank was sued for permitting a customer wrongfully to deposit misappropriated checks into his personal account. The bank filed a declaratory judgment action seeking the district court’s determination of its rights under a bond issued by its insurance company to cover potential loss as a result of the wrongful deposits. The bank and the insurance company filed cross-motions for summary judgment. The court granted the bank's motion. The insurance company now appeals. For the following reasons, we reverse the judgment of the district court.
I
BACKGROUND
A. Facts
Ohio Casualty…
2Cases cited36 opinions
- Newman-Green, Inc. v. Alfonzo-LarrainSupreme Court of the United States · 1989
- Goodyear Atomic Corp. v. MillerSupreme Court of the United States · 1988
- Wachovia Bank & Trust Co. v. Westchester Fire InsuranceSupreme Court of North Carolina · 1970
- National Fidelity Life Insurance Co. v. Joan KaraganisCourt of Appeals for the Seventh Circuit · 1987
- Qaid Rafeeq Azeez and Abdullah Muhammad v. James W. Fairman, Warden, John E. Wright, Asst. Warden, and A. Dodge, 120 (c.o.)Court of Appeals for the Seventh Circuit · 1986
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3Cited by2 opinions
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