Corsica Livestock Sales, Inc., a Corp. v. The Sumitomo Bank of California, First Mitchell National Bank v. The Sumitomo Bank of California

ROSS, Circuit Judge.

Corsica Livestock Sales, Inc. (Corsica Sales) and First Mitchell National Bank (Mitchell Bank) brought a diversity action to recover $307,648.02 from the Sumitomo Bank of California (Sumitomo) based upon the alleged mishandling of two checks which were presented to Sumitomo for payment. The jury returned a verdict in favor of the defendant, Sumitomo, and a judgment dismissing the action on the merits was entered in United States District Court for the District of South Dakota, Southern Division, the Honorable John B. Jones presiding. Corsica and Mitchell Bank seek a…