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FIRST INTERSTATE BANK v. CENTRAL BANK

No. 95CA0822.

937 P.2d 855 (1996)

FIRST INTERSTATE BANK OF DENVER, N.A., Plaintiff-Appellant, v. CENTRAL BANK & TRUST COMPANY OF DENVER, Defendant-Appellee.

Colorado Court of Appeals, Div. IV.

Rehearing Denied October 10, 1996.

Certiorari Denied May 19, 1997.

Attorney(s) appearing for the Case

Gersh & Danielson, Miles M. Gersh, James S. Helfrich; Kelly/Haglund/Garnsey & Kahn, L.L.C., Edwin S. Kahn, Denver, for Plaintiff-Appellant.

Ireland, Stapleton, Pryor & Pascoe, Tucker K. Trautman, Van Aaron Hughes, Denver, for Defendant-Appellee.

Opinion by Judge DAVIDSON.

In this securities action, plaintiff, First Interstate Bank of Denver, N.A., appeals from a judgment of the trial court dismissing its complaint against defendant, The Central Bank & Trust Co., on the grounds that plaintiff's claims were barred by res judicata and the statute of repose. We reverse.

In 1989, plaintiff sued defendant in federal court based on an implied private cause of action for aiding and abetting violations...

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