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NATIONAL UNION FIRE INS. CO. v. RIGGS NAT. BANK

No. 94-7244.

93 F.3d 885 (1996)

NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA, Appellant, v. The RIGGS NATIONAL BANK OF WASHINGTON, D.C., Appellee.

United States Court of Appeals, District of Columbia Circuit.

Decided August 27, 1996.

Attorney(s) appearing for the Case

Edward G. Gallagher, Vienna, VA, argued the cause and filed the briefs, for appellant.

Eva P. Esber, argued the cause and filed the brief, for appellee. Karen L. Peck, Washington, DC, entered an appearance.

Before: EDWARDS, Chief Judge, GINSBURG and HENDERSON, Circuit Judges.

Opinion for the Court filed by Circuit Judge GINSBURG.

GINSBURG, Circuit Judge:

A check forger (identity unknown) collected $640,712.08 on 14 fraudulent checks drawn against an account of NHP Property Management, Inc. at The Riggs National Bank, leaving Riggs and NHP's insurer, National Union Fire Insurance Company, at odds over who must bear the loss. Riggs charged NHP's account, National Union reimbursed NHP in return for NHP's assignment of its claims arising...

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