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PALM BEACH v. FIRST UNION NAT. BANK

No. 94-1463.

658 So.2d 1054 (1995)

PALM BEACH COUNTY, Appellant, v. FIRST UNION NATIONAL BANK OF FLORIDA and Stelar Corporation, Appellees.

District Court of Appeal of Florida, Fourth District.

Rehearing Denied September 11, 1995.

Attorney(s) appearing for the Case

Cory J. Ciklin, former Asst. County Atty. and Anne Desormier-Cartwright, Asst. County Atty., West Palm Beach, for appellant.

John P. Cole and Amy S. Rubin of Foley & Lardner, West Palm Beach, for Appellee-First Union Nat. Bank of Florida.

STONE, Judge.

We reverse a summary judgment in favor of First Union National Bank of Florida (the bank). The trial court erred in concluding that the statute of limitations governing claims against sureties and guarantors barred Palm Beach County's (the county) claim against the bank.

The suit involves a bank account established as an "escrow" with the bank in accordance with the terms of a contract between the county and Stelar Corporation, a land developer...

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