Legal Opinion
First National Bank of Louisville, Cross-Appellant v. Loretta Lustig, and Aetna Casualty & Surety Co., and Federal Insurance Co., Cross-Appellees
Court of Appeals for the First Circuit
Decided June 29, 1992No. 90-3820PublishedCited by 48 opinions
1Opinion of the Court
PATRICK E. HIGGINBOTHAM, Circuit Judge:
Today we interpret a standard form Bankers Blanket Bond, in deciding an appeal from summary judgment granted to First National Bank of Louisville. The district court held that a Bond issued by Aet-na Casualty and Surety Co. and Federal Insurance Co. covered the dishonest or fraudulent acts of FNBL employee Kevin DeWitt, without proof that he intended by his fraudulent acts to cause any loss to the bank. We conclude that the bond insures only those fraudulent acts intended to cause a loss and hold that there are genuine issues of material fact as to the…
2Cases cited8 opinions
- Nissho-Iwai American Corporation v. R. Sukarno Kline, Individually and D/B/A Frankenburg Import-Export Ltd.Court of Appeals for the Fifth Circuit · 1988
- United States v. John R. Adamson, IIICourt of Appeals for the Fifth Circuit · 1983
- Federal Deposit Insurance Corporation v. St. Paul Fire and Marine Insurance CompanyCourt of Appeals for the Sixth Circuit · 1991
- Jones v. Bituminous Casualty Corp.Kentucky Supreme Court · 1991
- First Federal Savings & Loan Association of Salt Lake City v. Transamerica Insurance Company, a California Corporation, and John ClarkCourt of Appeals for the First Circuit · 1991
3 more not listed; retrieve them via the Exa API.
3Cited by48 opinions
- Federal Deposit Insurance Corporation v. United Pacific Insurance CompanyCourt of Appeals for the Tenth Circuit · 1994
- Federal Deposit Insurance Corporation v. J. William OldenburgCourt of Appeals for the Tenth Circuit · 1994
- First State Bank of Monticello v. Ohio Casualty InsuranceCourt of Appeals for the Seventh Circuit · 2009
- Federal Deposit Insurance Corporation, in Its Corporate Capacity v. Fidelity & Deposit Company of MarylandCourt of Appeals for the Fifth Circuit · 1995
- Federal Deposit Insurance Corporation, as Receiver of Union Savings Bank v. National Union Fire Insurance Company of Pittsburgh, Pa., Doing Business as National Union Fire Insurance CompanyCourt of Appeals for the Second Circuit · 2000
43 more not listed; retrieve them via the Exa API.