Legal Opinion

Trade Development Bank v. The Continental Insurance Company

Court of Appeals for the Second Circuit

Decided October 10, 1972No. 811, Docket 72-1189PublishedCited by 32 opinions

1Opinion of the Court

MANSFIELD, Circuit Judge:

Invoking diversity jurisdiction, Trade Development Bank (the “Bank” herein), a Swiss bank, sued The Continental Insurance Company (the “Insurer” herein) upon a fidelity bond for recovery of losses due to dishonesty on the part of the Bank’s employees. The fidelity bond, issued by the Insurer in 1968, obligated it to indemnify the Bank up to the sum of $5,000,000 against

“Any loss through any dishonest, fraudulent or criminal act of any of the Employees, committed anywhere and whether committed alone or in collusion with others, including loss of Property through any…

2Cases cited18 opinions

  1. Societe Internationale Pour Participations Industrielles Et Commerciales, S. A. v. RogersSupreme Court of the United States · 1958
  2. United States v. First National City BankCourt of Appeals for the Second Circuit · 1968
  3. Edward Valves, Inc., and Rockwell Manufacturing Company v. Cameron Iron Works, Inc.Court of Appeals for the Fifth Circuit · 1961
  4. In the Matter of Surety Association of America, Glendale Federal Savings and Loan Association v. Republic Insurance CompanyCourt of Appeals for the Second Circuit · 1967
  5. Jacob H. Gichner v. Antonio Troiano Tile & Marble Co., Inc.Court of Appeals for the D.C. Circuit · 1969

13 more not listed; retrieve them via the Exa API.

3Cited by32 opinions

  1. Compagnie Francaise d'Assurance Pour le Commerce Exterieur v. Phillips Petroleum Co.District Court, S.D. New York · 1984
  2. R. E. B., Inc. v. Ralston Purina Co.Court of Appeals for the Tenth Circuit · 1975
  3. United States v. George G. DavisCourt of Appeals for the Second Circuit · 1985
  4. Zenith Radio Corp. v. Matsushita Electric Industrial Co.District Court, E.D. Pennsylvania · 1980
  5. Scientific Holding Company, Ltd. v. Plessey IncorporatedCourt of Appeals for the Second Circuit · 1974

27 more not listed; retrieve them via the Exa API.

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