Legal Opinion
Palm Desert National Bank v. Federal Insurance
Court of Appeals for the Ninth Circuit
Decided November 19, 2008No. 07-55264PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM **
Palm Desert National Bank (“PDNB”) appeals the district court’s grant of summary judgment in favor of Federal Insurance Company (“Federal”). PDNB also appeals the denial of its cross-motion for partial summary judgment. The district court concluded that the financial institution bond (the “Policy”) issued by Federal did not cover PDNB’s vault cash because it was not “in transit” when the loss occurred. We review de novo a district court’s grant or denial of cross-motions for summary judgment. See Bader v. Northern Line Layers, Inc., 503 F.3d 813, 816 (9th Cir.2007). We have…
2Cases cited4 opinions
- Waller v. Truck Insurance Exchange, Inc.California Supreme Court · 1995
- Conestoga Services Corporation v. Executive Risk Indemnity, Inc.Court of Appeals for the Ninth Circuit · 2002
- Bader v. Northern Line Layers, Inc.Court of Appeals for the Ninth Circuit · 2007
- Aetna Casualty & Surety Co. v. Burbank Generators, Inc.California Court of Appeal · 1981
3Cited by2 opinions
- CashZone Check Cashing Corp. v. Vigilant InsuranceAppellate Division of the Supreme Court of the State of New York · 2014
- CashZone Check Cashing Corp. v. Vigilant InsuranceAppellate Division of the Supreme Court of the State of New York · 2014