United States Eighth Circuit

In a dispute over whether a bank's losses were covered by a bankers bond issued by defendant-insurer, summary judgment for insurer is affirmed where the district court correctly held that the terms of the bond unambiguously precluded coverage under either the Fraudulent Mortgages Insuring Agreement or a provision of the Insuring Agreement.

Appellate Information

• Decided 04/08/2008
• Published 04/08/2008

Judges

• LOKEN, Chief Judge., Before LOKEN, Chief Judge, GRUENDER and BENTON, Circuit Judges.

Court

• United States Eighth Circuit

Counsel

• For Appellant:
  
• William Walder Jacobs, argued, Cleveland, OH (Steve Kaufmann, Roy E. Lachman, and Nicholas N. Nierengarten, Minneapolis, MN, on the brief), for appellant.


• For Appellees:
  
• Thomas James Vollbrecht, argued, Minneapolis, MN (Scott H. Ikeda, on the brief), for appellee.