Legal Opinion
Sentinel Trust Co. v. Universal Bonding Insurance
Court of Appeals for the Third Circuit
Decided January 8, 2003No. 02-1125PublishedCited by 2 opinions
1Opinion of the Court
OPINION OF THE COURT
WEIS, Circuit Judge.
In this diversity case, an indenture trustee was denied recovery from sureties on performance bonds. In part, the District Court’s ruling under Rule 12(b)(6) rested on findings of fact unfavorable to the trustee in a related case. We apply issue preclusion despite the fact that the earlier judgment had been vacated as a term of settlement of that case. Concluding that the District Court did not err in its order of dismissal, we will affirm.
The plaintiff, Sentinel Trust Company, having its principal place of business in Nashville, Tennessee, was the…
2Cases cited34 opinions
- Pension Benefit Guaranty Corporation v. White Consolidated Industries, Inc., C/o Ct Corporation Systems Registered AgentCourt of Appeals for the Third Circuit · 1993
- Migra v. Warren City School District Board of EducationSupreme Court of the United States · 1984
- U.S. Bancorp Mortgage Co. v. Bonner Mall PartnershipSupreme Court of the United States · 1994
- Ala, Inc. v. Ccair, Inc.Court of Appeals for the Third Circuit · 1994
- City of Pittsburgh v. West Penn Power Comp., D/B/A Allegheny Power Allegheny Power System, Incorporated Duquesne Light Company Dqe, IncCourt of Appeals for the Third Circuit · 1998
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3Cited by2 opinions
- Trunzo v. Citi MortgageDistrict Court, W.D. Pennsylvania · 2012
- Sentinel Trust Company v. Universal Bonding Insurance CompanyCourt of Appeals for the Third Circuit · 2003