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ALEXANDER AND ALEXANDER, INC. v. WACHOVIA BANK & TRUST, CO.

No. 90 C 201.

754 F.Supp. 133 (1991)

ALEXANDER AND ALEXANDER, INC., as Assignee for Tifco, Inc., Plaintiff, v. WACHOVIA BANK & TRUST COMPANY, N.A., Defendant/Third-Party Plaintiff, v. PATHWAY FINANCIAL, F.A., the Federal Reserve Bank of Richmond, and the Federal Reserve Bank of Chicago, Third-Party Defendants.

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

January 22, 1991.

Attorney(s) appearing for the Case

William M. Stevens, Nancy E. Paridy, Thomas R. Hill, Rooks, Pitts and Poust, Chicago, Ill., for plaintiff.

Thomas S. Moore, Jane F. Anderson, McCarthy, Duffy, Neidhart & Snakard, Chicago, Ill., for defendant, third-party plaintiff.

ORDER

BUA, District Judge.

Plaintiff Alexander & Alexander, Inc. ("Alexander") commenced this diversity action against defendant Wachovia Bank & Trust Company, N.A. ("Wachovia"), alleging that Wachovia improperly charged Alexander's bank account for a check containing an unauthorized indorsement. Wachovia, in turn, filed a third-party action against Pathway Financial, F.A. ("Pathway"), the Federal Reserve Bank of Richmond, and the Federal Reserve...

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