Legal Opinion
United States Fidelity & Guaranty Co. v. Three Garden Village Ltd. Partnership
Court of Special Appeals of Maryland
Decided January 9, 1989No. 515, September Term, 1988PublishedCited by 3 opinions
1Opinion of the Court
GARRITY, Judge.
This case had its inception when Thomas Richard Stitt (Stitt), the sole stockholder, sole director, and sole officer of First Baltimore Asset Management, Inc. (First Baltimore), a company formed to manage apartment projects, improperly used funds held by First Baltimore on behalf of Three Garden Village Limited Partnership (Three Garden Village) and Yorkville Corporation (Yorkville). Thereafter, First Baltimore made claim against United States Fidelity and Guaranty Company (USF & G), the surety under a fidelity bond covering defalcations of employees. Three Garden Village and…
2Cases cited8 opinions
- General Motors Acceptance Corp. v. DanielsCourt of Appeals of Maryland · 1985
- Whitehead v. Safway Steel Products, Inc.Court of Appeals of Maryland · 1985
- Fidelity and Deposit Company of Maryland v. Usaform Hail Pool, Inc., Etc.Court of Appeals for the Fifth Circuit · 1975
- General Finance Corporation, Bankrupt, by Ronald W. Wright, Trustee v. The Fidelity and Casualty Company of New YorkCourt of Appeals for the Eighth Circuit · 1971
- American Empire Insurance Company of South Dakota v. Fidelity and Deposit Company of MarylandCourt of Appeals for the Fifth Circuit · 1969
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3Cited by3 opinions
- Federal Deposit Insurance Corporation v. New Hampshire Insurance CompanyCourt of Appeals for the Ninth Circuit · 1992
- Three Garden Village Ltd. Partnership v. United States Fidelity & Guaranty Co.Court of Appeals of Maryland · 1989
- Transamerica Insurance Co. v. Federal Deposit Insurance Corp.Supreme Court of Minnesota · 1992