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SECURITIES FUND, ETC. v. AM. NAT. BANK & TRUST CO.

No. 81 C 522.

542 F.Supp. 323 (1982)

SECURITIES FUND SERVICES, INC., Plaintiff, v. AMERICAN NATIONAL BANK AND TRUST COMPANY OF CHICAGO, Defendant.

United States District Court, N. D. Illinois, E. D.

May 27, 1982.

Attorney(s) appearing for the Case

Duane C. Quaini, William T. Barker, David C. Jacobson & Peter J. Valeta, Sonnenschein, Carlin, Nath & Rosenthal, Chicago, Ill., Marshall, Bratter, Greene, Allison & Tucker, New York City, for plaintiff.

Narcisse A. Brown, Robert Dunn Glick, Richard M. Bendix, Jr., Schwartz, Cooper, Kolb & Gaynor, Chartered, Chicago, Ill., for defendant.

MEMORANDUM

LEIGHTON, District Judge.

I

This is a civil diversity action for damages arising out of a wire transfer transaction. New England Merchants National Bank of Boston (NEMB), at the direction of plaintiff Security Fund Services (SFS), requested, by wire, a transfer of funds disbursed by SFS to an account purportedly in the American National Bank and Trust Company of Chicago (ANB), the defendant...

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