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FINANCIAL MARKETING SERVS. v. HAWKEYE BANK

No. 96-2002.

588 N.W.2d 450 (1999)

FINANCIAL MARKETING SERVICES, INC. f/k/a Bradley M. Schuchat and Martin M. Schuchat d/b/a Financial Marketing Services, Appellant, v. HAWKEYE BANK & TRUST OF DES MOINES, Hawkeye Bancorporation, Mercantile Bancorporation, Inc. and Merger Sub, Appellees.

Supreme Court of Iowa.

January 21, 1999.

Attorney(s) appearing for the Case

Thomas D. Hanson and Robert B. Hanson of Hanson, Bjork & Russell, L.L.P., Des Moines, for appellant.

Roger T. Stetson, Margaret C. Callahan, and Michael R. Reck of Belin Lamson McCormick Zumbach Flynn, P.C., Des Moines, and Gerald H. Grask, Des Moines, for appellees.

Considered by McGIVERIN, C.J., and HARRIS, LARSON, NEUMAN, and TERNUS, JJ.

TERNUS, Justice.

This appeal involves a complex controversy surrounding the termination of a long-term business relationship between two primary entities, plaintiff Financial Marketing Services, Inc. (FMS) and defendant Hawkeye Bank & Trust of Des Moines (Hawkeye). Written contracts between the parties generally provided for the sale of life insurance and annuity products by FMS to bank customers who had been referred to FMS by Hawkeye and its affiliates.

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