Members of Butler Snow’s Commercial Litigation Group successfully defended a regional financial services provider in a case involving claims of negligence and conversion, among others, in federal court. The plaintiff alleged that the bank had honored a check payable to the plaintiff but lacking the plaintiff’s endorsement; thus, according to the plaintiff, the bank was liable for its customer’s apparent misappropriation of over half a million dollars. In granting the bank’s motion for judgment on the pleadings, however, the court held that the U.C.C. barred the plaintiff’s common law negligence claims, and the plaintiff failed to state a claim against the bank for conversion under the U.C.C. Members of the defense team were Randall D. Noel, Melody McAnally, and Will Perry.
Recent VictoryJuly 2, 2012 By Butler Snow |
Members of Butler Snow’s Commercial Litigation Group successfully defended a regional financial services provider in a case involving claims of negligence and conversion, among others, in federal court. The plaintiff alleged that the bank had honored a check payable to the plaintiff but lacking the plaintiff’s endorsement; thus, according to the plaintiff, the bank was liable for its customer’s apparent misappropriation of over half a million dollars. In granting the bank’s motion for judgment on the pleadings, however, the court held that the U.C.C. barred the plaintiff’s common law negligence claims, and the plaintiff failed to state a claim against the bank for conversion under the U.C.C. Members of the defense team were Randall D. Noel, Melody McAnally, and Will Perry.
