Empire Bank v. Fidelity & Deposit Company of Maryland

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding loss was “caused” by an employee who ignored bank policies by instructing subordinates to cash corporate checks without proper documentation
• holding an employee caused a bank’s loss under Exclusion H where he instructed his subordinates to ignore bank procedures
• declining to decide whether Exclusion H requires proximate cause because the employee conduct at issue would have met any standard of causation
• “[T]he bond language excludes losses caused by a bank employee, whether negligent or not.”

Source: CourtListener parenthetical corpus (CC0).