Legal Opinion

Liberty Mutual Insurance v. Thunderbird Bank

Arizona Supreme Court

Decided September 7, 1976No. 12432-PRPublishedCited by 15 opinions

1Opinion of the Court

CAMERON, Chief Justice.

This is a petition for review by plaintiff Liberty Mutual Insurance Company (“Liberty”) of an opinion of the Court of Appeals, Division One, 25 Ariz.App. 201, 542 P.2d 39, affirming an order of the trial court denying Liberty’s motion for summary judgment and granting the motion of the defendant Thunderbird Bank (“Thunderbird”) for summary judgment.

The following questions are presented on appeal:

1. May Liberty, as the assignee of the Charles Bruning Company, maintain an action against Thunderbird, and is the “compensated surety defense” available to Thunderbird ?

2.…

2Cases cited14 opinions

  1. Meyers v. Bank of America National Trust and Savings Ass'nCalifornia Supreme Court · 1938
  2. Castleman Construction Company v. PenningtonTennessee Supreme Court · 1968
  3. Mosher v. ConwayArizona Supreme Court · 1935
  4. Deatsch v. FairfieldArizona Supreme Court · 1925
  5. D. W. Jaquays & Co. v. First Security BankArizona Supreme Court · 1966

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3Cited by15 opinions

  1. 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
  2. Hartford Accident & Indemnity Co. v. Aetna Casualty & Surety Co.Arizona Supreme Court · 1990
  3. Hedgebeth v. MedfordSupreme Court of New Jersey · 1977
  4. State Farm General Insurance v. Wells Fargo BankCalifornia Court of Appeal · 2006
  5. National Union Fire Insurance Co. of Pittsburgh v. Riggs National Bank of WashingtonDistrict of Columbia Court of Appeals · 1994

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