Legal Opinion
Farmers Bank & Trust Company of Winchester, Tennessee v. Transamerica Insurance Company
Court of Appeals for the Sixth Circuit
Decided March 29, 1982No. 80-5486PublishedCited by 13 opinions
1Opinion of the Court
MERRITT, Circuit Judge.
In this diversity case from Tennessee, the defendant, Transamerica Insurance Company, appeals from a judgment of the District Court granting the plaintiff, Farmers Bank and Trust Company (Bank), recovery under a bankers blanket bond in the amount of $213,738. The bank’s claim for recovery under the blanket bond arises out of a fraudulent sale-leaseback transaction for heavy earth-moving equipment which the bank financed. We do not agree with the District Court’s conclusion that the bank’s loss was covered by the blanket bond. The District Court allocated the burden of…
2Cases cited18 opinions
- Calcasieu-Marine National Bank of Lake Charles v. American Employers' Insurance Co., Louisiana Bank & Trust Co., Cross v. The Employers Liability Assurance Corp., CrossCourt of Appeals for the Fifth Circuit · 1976
- Interstate Life & Accident Insurance Co. v. GammonsCourt of Appeals of Tennessee · 1966
- Reserve Life Insurance Company v. WhittemoreCourt of Appeals of Tennessee · 1969
- McFarland v. Massachusetts Bonding & InsuranceTennessee Supreme Court · 1928
- American National Bank and Trust Company of Bowling Green, Kentucky v. Hartford Accident and Indemnity CompanyCourt of Appeals for the Sixth Circuit · 1971
13 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Blaine Construction Corporation, Plaintiff-Appellant/cross-Appellee v. Insurance Company of North America, Defendant-Appellee/cross-AppellantCourt of Appeals for the Sixth Circuit · 1999
- American Savings and Loan Association v. Lawyers Title Insurance CorporationCourt of Appeals for the Sixth Circuit · 1986
- First American National Bank v. Fidelity & Deposit Company of MarylandCourt of Appeals for the First Circuit · 1993
- Davidson Hotel Co. v. St. Paul Fire & Marine Insurance Co.District Court, W.D. Tennessee · 2001
- Southeast Mental Health Center, Inc. v. Pacific InsuranceDistrict Court, W.D. Tennessee · 2006
8 more not listed; retrieve them via the Exa API.