(DOWNLOAD) "First American National Bank v. Fidelity & Deposit Co." by United States Court Of Appeals For The Sixth Circuit # Book PDF Kindle ePub Free
eBook details
- Title: First American National Bank v. Fidelity & Deposit Co.
- Author : United States Court Of Appeals For The Sixth Circuit
- Release Date : January 28, 1993
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 70 KB
Description
BOYCE F. MARTIN, JR., Circuit Judge. In this diversity case from Tennessee, First American National Bank appeals the declaratory judgment granted Fidelity & Deposit Company of Maryland which denied recovery under two employee fidelity insurance policies. First American challenges the district court Conclusion that the coverage terminated when Midland Bank and Trust, the predecessor bank of First American, assumed management control of the insured party, Citizens Bank of Waverly, after purchasing eighty percent of its stock at a public foreclosure sale. We believe that it did and affirm.