Guild v. First National Bank of Nevada

How courts have described this case

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

• concluding that a showing of \conscious purposeful misconduct\ is required for bad faith
• concluding that a showing of \conscious purposeful misconduct\ is required for bad faith
• requiring showing the bank “actually knew or suspected that funds were being misappropriated, or deliberately or wilfully closed its eyes or refused to investigate after having its suspicions aroused.”
• bank becomes liable under Nev.Rev.Stat. 162.100 (UFA § 9) when it receives deposit by fiduciary with actual knowledge fiduciary is breaching obligation or with knowledge of such facts that bank’s action in receiving deposit amounts to bad faith
• bank becomes liable under Nev. Rev.Stat. 162.100 (UFA § 9) when it receives deposit by fiduciary with actual knowledge fiduciary is breaching obligation or with knowledge of such facts that bank's action in receiving deposit amounts to bad faith

Source: CourtListener parenthetical corpus (CC0).