American Founders Bank, Inc. v. Moden Investments, LLC.
Court of Appeals of Kentucky
1Opinion of the Court
*717 OPINION
ACREE, Chief Judge:
American Founders Bank (AFB) appeals from a judgment of the Franklin Circuit Court, entered after a bench trial, in favor of Moden Investments, LLC. The judgment holds AFB liable for conversion losses under Kentucky Revised Statutes (KRS) 355.3^420 for having deposited into a third-party’s account a cashier’s check made payable to Moden bearing a forged endorsement. AFB seeks reversal of the judgment and, contending that Moden’s own negligence substantially contributed to the forgery, also demands that we remand the case with instructions to dismiss Moden’s…
2Cases cited15 opinions
- Moore v. AsenteKentucky Supreme Court · 2003
- Hilen v. HaysKentucky Supreme Court · 1984
- Elwell v. StoneCourt of Appeals of Kentucky · 1990
- Cherry v. CherryKentucky Supreme Court · 1982
- Bowling v. Kentucky Department of CorrectionsKentucky Supreme Court · 2010
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