Legal Opinion
Credit General Insurance v. NationsBank, N.A.
Court of Appeals for the Eighth Circuit
Decided August 14, 2002No. 01-2934PublishedCited by 2 opinions
1Opinion of the Court
RILEY, Circuit Judge.
L & S General Contractors, LLC (L & S) purchased an uncertified book-entry certificate of deposit (CD 005) in the principal amount of $100,000 from Nations-Bank, N.A. Midwest (NationsBank). L & S later assigned CD 005 to Credit General Insurance Company (Credit General) as collateral security for performance and payment bonds on a Howard Johnson construction project. Credit General forwarded to NationsBank a written notice of the assignment which stated, “Please hold this account as assigned to us until demanded or released by us.” NationsBank recorded the assignment and…
2Cases cited6 opinions
- Commissioner v. SunnenSupreme Court of the United States · 1948
- American Nursing Resources, Inc. v. Forrest T. Jones & Co.Missouri Court of Appeals · 1991
- Sunnen v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1947
- Leahey v. DugdaleSupreme Court of Missouri · 1867
- Marvin v. State Farm Mutual Automobile Insurance Co.Missouri Court of Appeals · 1995
1 more not listed; retrieve them via the Exa API.
3Cited by2 opinions
- Credit General Insurance Company v. Nationsbank, N.A. Midwest, Nationsbank, N.A. Midwest, Third Party v. L & S General Contractors, LLC Larry Mikels and Ireneusz Kuligowski, Third PartyCourt of Appeals for the Third Circuit · 2002
- Donald Nangle v. Leslie DavisUnited States Bankruptcy Appellate Panel for the Eighth Circuit · 2003