United States Fidelity & Guaranty Co. v. Federal Reserve Bank
Opinion of the Court
Union Trust Company of Maryland and its insurer, United States Fidelity and Guaranty Company, appeal from a judgment of the United States . District Court for the Southern District of New York, Charles S. Haight, Jr., J., dismissing all their claims against the Federal Reserve Bank of New York and three other banks. We find persuasive and adopt Judge Haight’s reasoning in his two opinions dismissing appellants’ complaints, 590 F.Supp. 486 (S.D.N.Y. 1984); 620 F.Supp. 361 (S.D.N.Y. 1985), and believe that the result reached in this case is correct. Accordingly, we affirm the judgment of the district court.
. Appellants’ motion to enlarge the record is denied.
Reference
- Full Case Name
- UNITED STATES FIDELITY AND GUARANTY COMPANY and Union Trust Company of Maryland v. The FEDERAL RESERVE BANK OF NEW YORK, Third Party v. STATE BANK OF ALBANY, Philadelphia National Bank, and First Pennsylvania Bank, Third Party
- Status
- Published