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MANUFACTURERS BANK AND TRUST COMPANY OF ST. LOUIS v. TRANSAMERICA INS. CO.

No. 82-0896C(4).

568 F.Supp. 790 (1983)

MANUFACTURERS BANK AND TRUST COMPANY OF ST. LOUIS, Plaintiff, v. TRANSAMERICA INSURANCE COMPANY, Defendant and Third-Party Plaintiff, v. Peter L. DEIBEL and Harley Schwering, Third-Party Defendants.

United States District Court, E.D. Missouri, E.D.

March 16, 1983.

Attorney(s) appearing for the Case

Richard B. Scherrer, Armstrong, Teasdale, Kramer & Vaughan, St. Louis, Mo., for plaintiff.

Bernard A. Reinert, David D. Crane, Leritz & Reinert, P.C., St. Louis, Mo., for Transamerica Ins. Co.

Alan C. Kohn, Robert A. Useted, Kohn, Shands, Elbert, Gianoulakis & Giljum, St. Louis, Mo., for Deibel and Schwering.

MEMORANDUM

HUNGATE, District Judge.

Plaintiff, Manufacturers Bank and Trust Company of St. Louis (the Bank), brings this action against Transamerica Insurance Company (Transamerica) based on a bankers blanket bond (the Bond) in connection with certain loan losses. Transamerica filed third-party claims against two Bank officers, Peter Deibel and Harley Schwering, alleging it is subrogated to any rights the Bank may have against Deibel and Schwering for negligent...

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