Legal Opinion
Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Devon Bank
District Court, N.D. Illinois
Decided February 23, 1987No. 83 C 2422PublishedCited by 4 opinions
1Opinion of the Court
MEMORANDUM
LEIGHTON, Senior District Judge.
In this diversity action, the plaintiff, Merrill Lynch, Pierce, Fenner and Smith, Inc., brings suit to recover from defendant, Devon Bank, for its alleged wrongful dishonor of a check. The cause is before the court on Devon’s motion for summary judgment. For the following reasons, it appearing that there is no material issue of fact to be resolved and that Devon is entitled to judgment as a matter of law, the motion is granted.
I
On July 26, 1979, Merrill Lynch received a check payable to its order from Manus, Inc. for $647,250.00; it was drawn on…
2Cases cited8 opinions
- Fed. Sec. L. Rep. P 98,722 Securities and Exchange Commission v. The Seaboard Corporation, Etc., Admiralty Fund and Admiralty Fund Growth Series Litigation Trust, Cross-Claimant/appellant v. Hugh Johnson & Company, Inc., Hugh Johnson, Norman Michael Keiser, and Ernst& Ernst, Cross-Defendants/appelleesCourt of Appeals for the Ninth Circuit · 1982
- Big O Tire Dealers, Inc. v. Big O Warehouse, an Illinois General Partnership, and Richard MacQueen Joseph Nuzzo, Alex Nuzzo and Paul ArraCourt of Appeals for the Seventh Circuit · 1984
- Korf v. Ball State UniversityCourt of Appeals for the Seventh Circuit · 1984
- Hermes v. HeinCourt of Appeals for the Seventh Circuit · 1984
- Go-Tane Service Stations, Inc. v. SharpAppellate Court of Illinois · 1979
3 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- Merrill Lynch, Pierce, Fenner and Smith, Inc. v. Devon Bank, an Illinois Banking CorporationCourt of Appeals for the Seventh Circuit · 1987
- Third Century Recycling, Inc. v. Bank of BarodaDistrict Court, S.D. New York · 1989
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Devon BankDistrict Court, N.D. Illinois · 1988
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Devon BankDistrict Court, N.D. Illinois · 1988