Legal Opinion
First Tennessee Bank National Ass'n v. St. Paul Fire & Marine Insurance
Court of Appeals for the Fourth Circuit
Decided December 21, 2012No. 11-1781, 11-1782UnpublishedCited by 6 opinions
1Opinion of the Court
Vacated and remanded by unpublished PER CURIAM opinion.
Unpublished opinions are not binding precedent in this circuit.
2Per curiam
Global Title, LLC, served as the closing agent for mortgage loans originated by Financial Mortgage, Inc. (“FMI”), and funded by First Tennessee National Bank. After learning that three scheduled loans would not close, Global returned the unused funds to FMI instead of First Tennessee. FMI’s president absconded with the funds. Unable to recover the funds from FMI, First Tennessee sued Global. Global sought coverage under a liability policy issued by St. Paul Fire & Marine…
3Cases cited24 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Young v. City of Mount RanierCourt of Appeals for the Fourth Circuit · 2001
- CACI International, Inc. v. St. Paul Fire & Marine InsuranceCourt of Appeals for the Fourth Circuit · 2009
- Allen Realty Corp. v. HolbertSupreme Court of Virginia · 1984
- Commercial Business Systems, Inc. v. BellSouth Services, Inc.Supreme Court of Virginia · 1995
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4Cited by6 opinions
- Alan Metzgar v. KBR, IncorporatedCourt of Appeals for the Fourth Circuit · 2014
- Nautilus Insurance v. Strongwell Corp.District Court, W.D. Virginia · 2013
- Essex Insurance v. Napple's Bullpen, LLCDistrict Court, N.D. West Virginia · 2014
- Alan Metzgar v. KBR, IncorporatedCourt of Appeals for the Fourth Circuit · 2014
- Ohio Security Insurance Company v. K R Enterprises, Inc.District Court, S.D. West Virginia · 2017
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