Legal Opinion
First Union Corp. v. United States Fidelity & Guaranty Co.
Court of Special Appeals of Maryland
Decided May 27, 1999No. 1009, Sept. Term, 1998PublishedCited by 1 opinion
1Opinion of the Court
SONNER, Judge.
In November of 1993, Mr. Dick Nelson, a well regarded customer of Signet Bank as well as a member of its advisory board, introduced two of his friends to one another. The meeting of those two friends led to the events that bring this case to us. Nelson owned a computer leasing company, Neleo, and one of his friends, Ed Reiners, had leased equipment from Neleo as an agent of a Fortune 500 company, Philip Morris. Reiners told Nelson about a new and secret undertaking called “Project Star” that Philip Morris was going to run “off shore,” which was an effort to develop harmless…
2Cases cited12 opinions
- Beatty v. Trailmaster Products, Inc.Court of Appeals of Maryland · 1993
- National City Bank of Minneapolis v. St. Paul Fire & Marine Insurance Co.Supreme Court of Minnesota · 1989
- O'brien's Irish Pub, Inc. v. Gerlew Holdings, Inc.Court of Appeals of Georgia · 1985
- Republic National Bank of Miami, a National Banking Association v. Fidelity and Deposit Company of Maryland, a Maryland CorporationCourt of Appeals for the Eleventh Circuit · 1990
- Community State Bank v. Hartford InsuranceAppellate Court of Illinois · 1989
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3Cited by1 opinion
- Metro Federal Credit Union v. Federal InsuranceDistrict Court, N.D. Illinois · 2009