Geldert v. American National Bank

How courts have described this case

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

• stating that “[t]he doctrine of indemnity is based upon the idea that when one is compelled to pay money which in justice another ought to pay, the former may recover of the latter the amount actually paid”
• “A payor bank’s breach of warranty claim against a depositary or collecting bank is for indemnification.”

Source: CourtListener parenthetical corpus (CC0).