Legal Opinion

First American State Bank v. Continental Insurance

Court of Appeals for the Eighth Circuit

Decided February 22, 1990No. Nos. 89-1154, 89-1155 and 89-1230PublishedCited by 18 opinions

1Opinion of the Court

MAGILL, Circuit Judge.

The Continental Insurance Company (Continental)1 appeals from a final judgment in favor of appellee, First American State Bank (First Bank),2 in a breach of contract diversity action involving a bankers fidelity bond (the Bond).3 Robert S. Milnikel, Continental’s trial counsel, appeals the district court’s4 imposition of Fed.R.Civ.P. 37(b)(2) personal monetary sanctions. First Bank cross-appeals the district court’s application of the Bond’s potential income exclusion to deny coverage for future interest forfeited as a result of the restructuring of third party debt. We…

2Cases cited16 opinions

  1. Roadway Express, Inc. v. PiperSupreme Court of the United States · 1980
  2. National Hockey League v. Metropolitan Hockey Club, Inc.Supreme Court of the United States · 1976
  3. Builders Steel Co. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1950
  4. Grinnell Mutual Reinsurance Co. v. VoeltzSupreme Court of Iowa · 1988
  5. 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

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3Cited by18 opinions

  1. Niazi Licensing Corporation v. St. Jude Medical S.C., Inc.Court of Appeals for the Federal Circuit · 2022
  2. Tri City National Bank v. Federal InsuranceCourt of Appeals of Wisconsin · 2003
  3. First American State Bank v. The Continental Insurance Company, First American State Bank v. Robert S. Milnikel, the Continental Insurance Company. First American State Bank v. The Continental Insurance CompanyCourt of Appeals for the First Circuit · 1990
  4. Cambridge Trust Co. v. Commercial Union InsuranceMassachusetts Appeals Court · 1992
  5. Renasant Bank v. St. Paul Mercury Insurance Co.District Court, N.D. Mississippi · 2017

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