Legal Opinion

Wayzata Bank & Trust Co. v. A & B Farms

Court of Appeals for the Eighth Circuit

Decided August 30, 1988No. 87-5184PublishedCited by 21 opinions

1Opinion of the Court

JOHN R. GIBSON, Circuit Judge.

Wayzata Bank and Trust Company appeals from the order of the district court1 holding it liable for breach of a fiduciary duty and ordering it to pay damages in the amount of $200,000 plus interest. Wayzata argues that the district court erred in permitting its opponents to amend their answers and assert their counterclaims for breach of a fiduciary duty and in entering judgment against it as a matter of law. Wayzata also claims that the action should be dismissed for lack of subject matter jurisdiction. We affirm.

Because Victoria Company could not meet the…

2Cases cited12 opinions

  1. Foman v. DavisSupreme Court of the United States · 1962
  2. William F. Hagerman v. Yukon Energy Corporation, and David C. TjosvoldCourt of Appeals for the Eighth Circuit · 1988
  3. F. C. Gaines, Jr. v. Sunray Oil Company, Amtel, Inc. v. E. Paul Wilkinson and J. Howard Marshall, as Individuals and as the Executive AssociatesCourt of Appeals for the Eighth Circuit · 1976
  4. First National Bank of Louisville, Appellee/cross v. Master Auto Service Corporation, Appellant/crossCourt of Appeals for the First Circuit · 1982
  5. Ricky C. Stafford v. Ford Motor Company, and United Automobile, Aerospace and Agriculture Implement Workers of America (Uaw Union)Court of Appeals for the Eighth Circuit · 1986

7 more not listed; retrieve them via the Exa API.

3Cited by21 opinions

  1. New York Life Insurance v. DeshotelCourt of Appeals for the Fifth Circuit · 1998
  2. Prudential Insurance Co. of America v. HovisCourt of Appeals for the Third Circuit · 2009
  3. In Re: Mary Jo Hixon, Debtor. Fred Charles Moon, Chapter 7 Trustee v. Mark R. Anderson, Mary Jo HixonCourt of Appeals for the Eighth Circuit · 2004
  4. WILLIAM PENN LIFE INS. CO. OF NEW YORK v. ViscusoDistrict Court, S.D. New York · 2008
  5. North Central F.S., Inc. v. BrownDistrict Court, N.D. Iowa · 1996

16 more not listed; retrieve them via the Exa API.

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