Legal Opinion
West Bend Mutual Insurance Co v. Belmont State Corporation
Court of Appeals for the Seventh Circuit
Decided March 19, 2013No. 11-1811, 11-1959PublishedCited by 9 opinions
1Opinion of the Court
EASTERBROOK, Chief Judge.
Belmont State Corp. did not pay subcontractors and suppliers for work and materials on some projects. Jan Gad, its CEO, is on the lam. West Bend Mutual Insurance Co. laid out more than $2 million to satisfy Belmont’s obligations and has a judgment for that amount against Belmont, Gad, and Mark Gizynski. This appeal presents several questions arising from West Bend’s effort to recover some of the $2 million from Banco Popular, where Gizynski had an account.
Gizynski signed checks for more than $100,000 on Belmont’s account at U.S. Bank. The checks were payable to Banco…
2Cases cited12 opinions
- Marx v. General Revenue Corp.Supreme Court of the United States · 2013
- Mutual Service Casualty Insurance Company, as Subrogee of Jo Daviess Services, Inc. v. Elizabeth State Bank, an Illinois State Chartered BankCourt of Appeals for the Seventh Circuit · 2001
- Johnson v. Citizens National BankAppellate Court of Illinois · 1975
- Mid-American Elevator Co. v. Norcon, Inc.Appellate Court of Illinois · 1997
- Prodromos v. Everen Securities, Inc.Appellate Court of Illinois · 2003
7 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Davis v. F. W. Financial Services, Inc.Court of Appeals of Oregon · 2013
- Chicago Regional Council of Carpenters Pension Fund v. Van Der Laan (In re Van Der Laan)United States Bankruptcy Court, N.D. Illinois · 2016
- In re Tires N Tracks, Inc.United States Bankruptcy Court, N.D. Illinois · 2013
- U.S. Bank National Assoc. v. Randhurst Crossing LLCAppellate Court of Illinois · 2018
- BMO Harris Bank N.A. v. Joe Contarino, Inc.Appellate Court of Illinois · 2017
4 more not listed; retrieve them via the Exa API.