Leo P. McKee as Trustee for Industrial Finance Corporation v. Great American Insurance Company
Cases that cite this one
6 later published cases cite this decision.
- Employers Reinsurance Corp. v. Landmark (N.D. 1996)
- Transamerica Insurance Co. v. Federal Deposit Insurance Corp. (Minn. 1992)
- Three Garden Village Ltd. Partnership v. United States Fidelity & Guaranty Co. (Md. 1989)
- EMP. ADMIN. SERV. v. Hartford Acc. & Indem. (Ariz. Ct. App. 1985)
- Employer's Administrative Services, Inc. v. Hartford Accident & Indemnity Co. (Ariz. Ct. App. 1985)
- Hartford Federal Savings & Loan Ass'n v. Aetna Casualty & Surety Co. (Connecticut Superior Court 1964)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion
It appearing that the plaintiff-trustee is suing the obligor on a commercial blanket bond covering loss sustained by the insured through fraudulent or dishonest acts committed by any of the insured’s employees, and it appearing further that the bond was issued to the principal officer and sole stockholder of the two bankrupt companies (in favor of “Robert A. McKee [no relation to the trustee in bankruptcy], d/b/a Industrial Finance Corporation and Commercial Capital Corporation”) for whom the plaintiff is the trustee in bankruptcy, and it appearing further that the fidelity losses the trustee sues upon were occasioned by the fraudulent acts of Robert A. McKee, we conclude, as did the district court in granting the defendant’s motion for summary judgment, that the bonds did not cover the defalcations of Robert A. McKee, the principal officer and sole stockholder of the corporations.
The judgment is hereby Affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.