Legal Opinion
Wells Fargo Bank, N.A. v. FSI, Financial Solutions, Inc.
California Court of Appeal
Decided June 29, 2011No. G043874PublishedCited by 21 opinions
1Opinion of the Court
Opinion
IKOLA, J.
FSI, Financial Solutions, Inc. (FSI), deposited a $90,000 check into its account at Wells Fargo Bank, N.A. (Wells Fargo). Ultimately, the check was dishonored by the third party payor bank because the account upon which the check was drawn had been closed months earlier. In the interim, FSI transferred most of the $90,000 out of its account to pay off preexisting debts. Wells Fargo “charged back” the remaining funds in FSI’s account after discovering the check had been dishonored. Wells Fargo and FSI then sued each other pursuant to various causes of action. In a bench trial,…
2Cases cited9 opinions
- National Union Fire Insurance Co. of Pittsburgh v. Cambridge Integrated Services Group, Inc.California Court of Appeal · 2009
- Cotta v. City and County of San FranciscoCalifornia Court of Appeal · 2007
- First Georgia Bank v. WebsterCourt of Appeals of Georgia · 1983
- First National Bank of Denver v. UlibarriColorado Court of Appeals · 1976
- Appliance Buyers Credit Corporation v. Prospect National Bank of Peoria, and Third Party and Federal Reserve Bank of Chicago, Third PartyCourt of Appeals for the Third Circuit · 1983
4 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- Lueras v. BAC Home Loans Servicing, LPCalifornia Court of Appeal · 2013
- West v. JPMorgan Chase BankCalifornia Court of Appeal · 2013
- Ragland v. U.S. Bank National Ass'nCalifornia Court of Appeal · 2012
- Rockridge Trust v. Wells Fargo, N.A.District Court, N.D. California · 2013
- Rufini v. CitiMortgage CA1/3California Court of Appeal · 2014
16 more not listed; retrieve them via the Exa API.