[DOWNLOAD] "Matthews V. Pan Ocean Shipping Co. Ltd." by United States Court of Appeals for the Third Circuit * eBook PDF Kindle ePub Free
eBook details
- Title: Matthews V. Pan Ocean Shipping Co. Ltd.
- Author : United States Court of Appeals for the Third Circuit
- Release Date : January 22, 1992
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 66 KB
Description
Defendant-appellant, the Federal Reserve Bank of New York ("the N.Y. Fed"), appeals from the district court's grant of summary judgment in favor of plaintiff-appellee National State Bank ("NSB"). The district court held that defendant N.Y. Fed breached its duty of ordinary care in presenting two checks for payment and in failing to notify NSB within a reasonable time that the checks had been lost. Because we find that NSB did not meet its initial burden of demonstrating the absence of a genuine issue of fact in its motion for summary judgment, we reverse the district court's order and remand for trial.
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