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Showing 1–2 of 2 articles for “manager's check”

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Jul 7, 2016 banking law manager's check forgery negligence land bank civil law

Banks' Duty of Utmost Diligence: Liability for Forged Manager's Checks

When a bank clears a counterfeit manager's check bearing its own officers' forged signatures, it bears the loss—not the depositor.

Feb 12, 2001 compromise agreement civil law damages manager's check negotiable instruments law obligation and contract

Compromise Agreements: The Binding Force of Reduced Debt vs Contractual Conditions

A Supreme Court ruling explains when a compromise agreement binds a creditor, the limits of fraud claims, and the legal nature of stale manager's checks.