Legal Opinion
Citizens Bank of Jonesboro, Arkansas v. Western Employers Insurance Company
Court of Appeals for the Eighth Circuit
Decided January 20, 1989No. 88-1696PublishedCited by 9 opinions
1Opinion of the Court
FAGG, Circuit Judge.
Western Employers Insurance Company (Western) appeals the district court’s decision in this declaratory judgment action. The court determined a Western insurance policy provided coverage to Citizens Bank of Jonesboro, Arkansas (Citizens Bank), for claims arising from the default of a municipal bond issue. We affirm.
In 1982, Citizens Bank agreed to serve as trustee for Tourism Revenue Bonds issued by the City of Camden, Arkansas. On June 1, 1984, the bonds went into default. On September 18, 1984, two officers of Citizens Bank completed an application form for a Western…
2Cases cited5 opinions
- Findley Ex Rel. Estate Wolfe v. Time InsuranceSupreme Court of Arkansas · 1980
- Union Life Insurance Company v. DavisSupreme Court of Arkansas · 1970
- AMERICAN FAMILY L. ASSUR. CO. OF COLUMBUS v. ReevesSupreme Court of Arkansas · 1970
- Wolverton Farmers Elevator v. First American Bank of RugbyCourt of Appeals for the First Circuit · 1988
- Federal Deposit Insurance v. CanfieldCourt of Appeals for the Tenth Circuit · 1992
3Cited by9 opinions
- James River Insurance v. Hebert Schenk, P.C.Court of Appeals for the Ninth Circuit · 2008
- Liebling v. Garden State Indem.New Jersey Superior Court Appellate Division · 2001
- Ratcliffe v. International Surplus Lines InsuranceAppellate Court of Illinois · 1990
- Evanston Insurance v. Security Assurance Co.District Court, N.D. Illinois · 1989
- American Special Risk Management Corp. v. CahowSupreme Court of Kansas · 2008
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