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FRENCH AMERICAN BANKING CORP. v. FLOTA MERCANTE GRANCOLOMBIANA, S.A.

No. 1056, Docket 90-7948.

925 F.2d 603 (1991)

FRENCH AMERICAN BANKING CORP., Plaintiff-Appellant, v. FLOTA MERCANTE GRANCOLOMBIANA, S.A., and Fireman's Fund Insurance Co., Defendants, Fireman's Fund Insurance Co., Appellee.

United States Court of Appeals, Second Circuit.

Decided February 13, 1991.

Attorney(s) appearing for the Case

Deborah M. Buell, New York City (Edwin B. Mishkin, Jonathan S. Mothner, Cleary, Gottlieb, Steen & Hamilton, New York City, of counsel), for plaintiff-appellant.

Jerome Murray, New York City (Alfred A. D'Agostino, Jr., Gregory V. Bitterman, Robert M. Yellen, D'Amato & Lynch, New York City, of counsel), for appellee.

Before VAN GRAAFEILAND, WINTER and WALKER, Circuit Judges.

PER CURIAM:

French American Banking Corporation ("FABC") appeals from an order entered in the Southern District dismissing its claim that Fireman's Fund Insurance Company ("Fireman's") was liable under an insurance agreement for losses incurred by FABC as a result of loans made against certain fraudulent bills of lading. We affirm because we agree with the district court that the bills of lading in question were neither "forgeries" nor "counterfeits" and hence that...

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