Friday, December 31, 2004

Judge Conrad rules for bank on negligence and conversion claims

In Terry v. Bank of America, N.A., Judge Conrad of the W.D. Va. granted the bank's motion to dismiss the plaintiffs' negligence and conversion claims, concluding in essence with respect to money that was withdrawn from an account, the bank had no duty to the plaintiffs and the money in the account belonged to the bank and could not be converted.

No comments: