Legal Opinion
Jack Ma, a Subject of the Republic of China v. The Community Bank, a Wisconsin Banking Corporation
Court of Appeals for the Seventh Circuit
Decided June 8, 1982No. 80-2806PublishedCited by 24 opinions
1Opinion of the Court
CUDAHY, Circuit Judge.
At its inception, this diversity case involved a relatively uncomplicated dispute. The plaintiff, Jack Ma, owned three Savings Certificates of Deposit (“SCD’s”) in the amount of $10,000.00 each, which were stolen from him on September 27, 1971. The defendant bank, issuer of the SCD’s, refused to issue new certificates to Ma unless he agreed to execute a Bond of Indemnity, which would cost him $600.00. Ma refused to purchase the bond, primarily because before he had purchased any SCD’s from the bank, he had been assured by an officer of the bank that if the certificates…
2Cases cited29 opinions
- Haines v. KernerSupreme Court of the United States · 1972
- Cohen v. Beneficial Industrial Loan Corp.Supreme Court of the United States · 1949
- Hanna v. PlumerSupreme Court of the United States · 1965
- United States v. Grinnell Corp.Supreme Court of the United States · 1966
- Sibbach v. Wilson & Co.Supreme Court of the United States · 1941
24 more not listed; retrieve them via the Exa API.
3Cited by24 opinions
- Twin Disc, Incorporated, Cross-Appellant v. Big Bud Tractor, Inc., and Third-Party Cross v. Grad-Line, Incorporated, Third-PartyCourt of Appeals for the Third Circuit · 1985
- United States of America v. Daniel KlubockCourt of Appeals for the First Circuit · 1987
- Derance, Inc., a Wisconsin Not for Profit Corporation v. Painewebber Incorporated, a Delaware Corporation, and Paul SarnoffCourt of Appeals for the Seventh Circuit · 1989
- Schaller v. Marine National Bank of NeenahCourt of Appeals of Wisconsin · 1986
- P.H. Glatfelter Company v. Voith, IncorporatedCourt of Appeals for the Seventh Circuit · 1986
19 more not listed; retrieve them via the Exa API.